Homebuy and equity loans: their relevance for low-cost home-ownership in England

Rachel Terry

Homebuy Option is a low-cost home-ownership product introduced in Wales in 1995, which provides a 30% interest free loan to the owner, which can be repaid at any time or on re-sale.

It has proved very successful for owners, housing associations and mortgage lenders. A report by Rachel Terry evaluates the scheme and considers its relevance for England.

Downloads

Downloads