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When everyone has a home

Housing advice for Northern Ireland

Help to buy a home

There are a few different schemes that may be of assistance if you are planning to buy a home in the near future.  These include shared ownership schemes, where you part buy and part rent, a rent to buy scheme that will pay you a rebate on some of the rent you’ve paid and government backed savings schemes which will give you a bonus to add to your deposit. 
 
You should think carefully and get trustworthy, independent advice before deciding to buy a home. There may be a more suitable housing option for you.  

Shared ownership means you buy a part of a property and someone else buys the rest. You then pay rent on the part of the property you don't own. 

Northern Ireland has two shared ownership schemes

  • Co-ownership Housing, and
  • FairShare

The government’s Help to Buy initiatives include access to mortgages for those people who only have a 5% mortgage and a savings bonus scheme for people saving towards a deposit on their first home.

If you are interested in buying a new build home, but don't have enough money saved up for a deposit yet you should look into the Rent to Own scheme for Northern Ireland. It gives potential purchasers a three year tenancy of a new build property and then issues a 20% rent rebate to the tenant if the tenant decides to buy the property at the end of their tenancy.

Secure Housing Executive (NIHE) and housing association tenants have a right to buy the home they live in, as long as they and the property are eligible for the scheme. Housing association tenants must apply by 28 August 2022.