Different ways to buy a home from Origin

Shared ownership

When you purchase a New Build HomeBuy property, you are granted a lease. A lease is a legal agreement between you and Origin Housing. The lease defines your (and your landlord’s) obligations relating to your occupation of the property.

Your lease describes:

• How you can buy more shares in your property;
• How you can sell your property;
• Responsibilities for repair;
• Rent and service charge obligations;
• Your rights and responsibilities as an owner-occupier

Leasehold on flats

In the case of flats, even after 100% shares have been purchased, your interest remains a leasehold one. The Association or the freeholder is still responsible for the maintenance of the structure and shared areas of the building in which the flat is located.

If you can’t afford to buy a home on the open market there are a number of other options available.

Rent to HomeBuy

Origin is piloting Rent to HomeBuy, a shared ownership scheme. With this scheme, you pay ‘intermediate rent’ (which is approximately 80% of current market rents) on a new-build home for up to five years. During this period you save for a deposit to help you obtain a mortgage and buy your home.

For more information about these and other products talk to your local HomeBuy agent. For a complete list check www.homebuy.co.uk and talk to an advisor.

Right to Buy (for social housing tenants)

If you are an existing Origin Housing tenant you may qualify to buy your existing home (if you are a tenant with another social landlord you should ask them). As a general rule you are only likely to qualify for Right to Buy if you are a former Griffin or Origin secure tenant and you are only likely to qualify for Right to Acquire if your existing home was built after 1997.

Origin Housing is not running the Social HomeBuy scheme. All Origin Housing Right to Buy and Right to Acquire applications are processed by Origin Housing.

If you want to check if your home qualifies for Right to Buy or Right to Acquire please call Customer Services on 0800 040 7989.

Buying more of your home

If you are a shared owner and want to buy more of your home, you will need to complete the request for a staircasing valuation form. For more information on staircasing or to sell your existing shared ownership home please call us on 020 7209 3689

Open market sale

Please call the sales team on 020 7209 3689.