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Applicants must
qualify for the waiting list (see the selection criteria page)
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Applicants who meet the selection criteria will be
recorded on the homes within reach register
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As
new developments are built for ‘Homes within
Reach’, each housing association will write to the current
waiting list with details of the scheme, including (where
relevant):
location of development
unit size / type
unit values (inc equity share rates)
anticipated completion date.
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Maximum
Loan to Value rates of 4 x single and 3.5 x joint will apply
in most instances
(subject to review)
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Offers
will be restricted to necessary bedroom plus 1 e.g. an
individual can purchase a 2 bed property; a parent with 1
child can purchase a 3 bedroom property etc.
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The
following priority groups will apply:
Priority 1 – A tenant
of a housing association or local authority within the area of
the scheme.
Priority 2
– An applicant currently on the waiting list of a housing
association or the local authority within the area of the
scheme.
Priority 3 – An
applicant who is either employed or lives in the area.
Priority 4 – An
applicant who cares for a relative (or other person) within the
area of the scheme.
Priority 5 – General
applications.
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A
deadline for applications will be established for each scheme
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Properties will be allocated to priority 1 applicants 1st
(on first come basis); then priority 2 etc.
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In the
event that all the units cannot be allocated each housing
association will reserve the right to market the units through
the media to generate further interest. Applications derived
from this process will be prioritised on a first come first
served basis.
Have you registered
with homeswithinreach
yet?
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