If you can't quite afford to buy 100% of a home, you could buy a share of your home instead and pay rent on the rest.
What type of home are you interested in?
Where are you looking to buy?
If you’re looking for support to buy a home in Wales, Scotland or Northern Ireland, you’ll find some affordable home ownership schemes are different from those in England – even if they share the same scheme name.
For schemes in Scotland please visit: http://www.gov.scot/Topics/Built-Environment/Housing/BuyingSelling
For schemes in Wales please visit: http://gov.wales/topics/housing-and-regeneration/housing-supply/buying-and-selling/
For schemes in Northern Ireland please visit: http://www.nidirect.gov.uk/home-ownership-schemes
If you want to own a newly built home in England, you could borrow up to 20% (up to 40% in London) of the purchase price from the government. You’d only need a 5% deposit and your mortgage would make up the rest.
If you want to buy a home where you have a local connection, this scheme could help you do that with a 25%-50% discount.
Do you dream of building your own home or having it custom-built for you? The Self Build Portal could empower you to make your dream a reality.
Can you afford to buy?
Buying a home could be the biggest single investment you ever make. It’s an exciting time, but there is a lot to think about. So you’ll need to take time to look at the costs.
You can find advice on saving for a deposit, getting a mortgage and much more on the Money Advice Service website. You can even use an online calculator to estimate how much your mortgage repayments could be.
To find out more about the process, key stages and what fees to expect, we recommend you visit their home-buying timeline first.
The Money Advice Service is a free, unbiased and impartial service set up by the government.