Barnet Homes

Buying a private property 

 


We have two schemes that can help you take the first step towards owning your own home.


Cash incentive grant scheme

We can offer tenants money to help you buy a home on the open market. Your current home is then free to rent to another family.


You could receive up to £29,000 if you have:


• two or more bedrooms
• no rent arrears or other debts to Barnet Homes or Barnet Council
• a home in good condition
• evidence that, with some help, you could afford to buy a home.


Contact us for more information.

Shared ownership

Shared ownership allows you to buy a share (usually half or more) of a property and pay rent for the share that you do not own.

You can buy more shares whenever you want to.

A few properties are available in Barnet each year.

If you would like to know about this, phone 020 8359 4255.

Please note that you cannot use a Cash Incentive Grant for shared ownership schemes.