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  5. Affordable housing options

Affordable housing options

Find out about different housing options that are available if you are unable to afford to rent or buy a property on the open market.

 

Shared ownership

You can get a shared ownership home through a housing association or through us. You buy a share of your home, between 25% and 75%, and pay rent on the rest.

Shared ownership properties are always leasehold. You are responsible for maintenance and upkeep of the property. You can buy more of your home after you become the owner - this is known as 'staircasing'.

First Homes scheme

If you are a first-time buyer, and your combined household income is less than £80,000 a year, you may be able to buy a home for at least 30% less than its market value.

You will need to have a mortgage or home purchase plan to fund at least half of the discounted purchase price.

Find out more about the First Homes scheme on the government website.


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The council provides services across North Yorkshire including Harrogate, Ripon, Scarborough, Whitby, Northallerton, Thirsk, Selby, Tadcaster, Malton, Pickering, Richmond, Skipton and more.

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