Many people would like to buy a home of their own but find that local house prices are just out of their reach.
If you wish to buy housing which has been built for shared ownership your options are:
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newly built housing built for shared ownership
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resales of housing built for shared ownership
Whilst there is no new shared equity housing available in Eastbourne at the moment, it is worth looking out for re-sales on the Homebuy website.
There are also some properties available in other parts of Sussex and the South East.
New Build HomeBuy
This option offers brand new homes for sale on a part buy/ part rent basis. Homes are available through different housing associations. You can buy shares worth between 25% and 75% of the property's market value and you pay a subsidised rent on the remaining share.
Eastbourne does not currently have a programme for new build homebuy but you can search on the HomeBuy website to view suitable properties elsewhere in Sussex.
Resales
When any existing part buy/ part rent home becomes available for resale, you can buy the share from its current owner. The homes vary greatly in terms of age, size and type. Resales work in the same way as New Build HomeBuy properties.
