Affordable housing in Manchester

Getting started with affordable housing in Manchester

If you are interested in finding out about affordable housing in Manchester, Share to buy ltd may be able to help. At sharetobuy.com you can search for shared ownership properties for sale and rent in Manchester under the part-rent part-buy scheme. If you are unable to find any affordable homes where you want to live, please bear in mind that we are a brand new website and are looking to add properties all the time, and you can register for updates confirming when we do have shared ownership homes available in Manchester.

Looking for shared ownership properties in Manchester?

We have shared ownership houses and flats for sale on a part-buy part-rent basis in Manchester on our affordable homes property website.

PS: don't worry if you cannot find any, you will be able to register for updates when shared ownership properties become available.

Affordable housing schemes in Manchester

The main affordable housing schemes in Manchester are those available nationally via the Government's 'homebuy' initiatives. For further information on the various homebuy schemes, including FirstBuy and part-buy part-rent shared ownership, please use the following options:

• Full details of all the national homebuy affordable housing schemes.
• Read about obtaining mortgages for affordable housing, including our part buy part rent mortgage calculator.
• Finally, search for affordable homes and shared properties for sale and rent in Manchester.

Questions: what is affordable housing?

Affordable housing schemes are designed to assist people in Manchester and the surrounding area who are unable to purchase a home on the open market. There are various schemes available but the main ones are shared ownership (otherwise known as 'part buy part rent') and shared equity, which is often available via developers (the main shared equity scheme is the FirstBuy scheme for first time buyers.

What type of properties are for sale under affordable housing schemes in Manchester?

At the moment, there are no national schemes for purchasing open market properties with affordable housing schemes, you are currently restricted to purchasing new build properties through shared ownership (part-rent part-buy) and shared equity schemes. The only second hand properties that can currently purchased through shared ownership are 'resales', which is where an existing person who owns a share in a shared ownership home sells their share to a new owner on a part-rent-part-buy basis.

Shared ownership mortgages

If you have already found a shared ownership property in Manchester and are now looking for a mortgage, we would be delighted to assist. We are a specialist mortgage brokerage who will search the market to find you competitive shared ownership mortgage deals. Read about our shared ownership mortgage services; research what you might be able to borrow and the potential cost with our shared ownership mortgage calculator, or if you have found a shared ownership property, submit a non-binding agreement in principle application.