Government Housing Schemes

If you can’t get a mortgage to buy a property outright, a shared ownership scheme could enable you to buy a 25-75% share in partnership with a social landlord like a housing association. You would then pay ‘rent’ on the share that you do not own to the landlord.

For example, if you bought a 50% share of a property at £100,000 then you would pay rent on the remaining £50,000.

When you part-buy, part-rent a home through shared ownership, you can apply for a smaller mortgage – so your deposit could be lower too.

For more details speak to a mortgage adviser.

How does Shared Ownership work?

1. Use the regional links below to contact the agent in the area you would like to live. 
2. Speak to one of our mortgage advisers to start your application.
3. Find a property and make an offer.
4. Complete your mortgage application.

Halifax is supporting the Government's Right to Buy scheme, which assists people who are renting their home from a Local Authority (or the Local Authority's nominated housing provider e.g. Housing Association) to buy the property at a discounted price. Depending on the level of discount offered, buyers may not need a personal deposit.

Your local authority will be able to advise if you qualify, confirm the level of discount that may apply and give you details of other scheme rules.

For more details speak to a mortgage adviser.

How does Right to Buy work?

1. Use the regional links below to contact your local authority to confirm the level of discount that may apply.
2. Speak to one of our mortgage advisers to start your application. 
3. Find a property and make an offer.
4. Complete your mortgage application.

Halifax is supporting the Governments MoD Forces Help to Buy scheme, which allows forces personnel to borrow up to £25,000 interest free (repaid over 10 years) to use as a deposit when buying a property to be used as their main home.

You can apply for a mortgage through Halifax branches or over the telephone; remember to tell the mortgage adviser the deposit is being provided through the Forces Help to Buy scheme.

For more details speak to a mortgage adviser.

How to use Forces Help to Buy

1. Seek advice through your Chain of Command and personnel agency.
2. Speak to one of our mortgage advisers to start your application.
3. Find a property and make an offer.
4. Complete your mortgage application.

Further information

Information is also available on the Government website.

The Help to Buy: ISA is closed for new applications.

If you already have a Help to Buy: ISA you can still save and claim the Government 25% bonus (minimum £400 and maximum £3,000).

You can also still transfer your Help to Buy: ISA to us from another bank or building society.

For more details please contact us or view our Help to Buy: ISA information.