Welcome to Home Relief Bulletin Board
Monday 20 August 2018
by the Property Team
Post No. 50
BRINGING HOME-BUYING PROCESSES AND PRODUCTS FOR LOW INCOME EARNERS UNDER THE SAME ROOF
Our Summer campaign on work with prospective home buyers and owners from low income earning backgrounds continues this week. This week is a soft landing one with this campaign as we are bringing together the five pieces of our home-buying and owning campaign into the same pot.
These five pieces include: home-buying options, funding, finding a home to buy and own, help to buy and the costs of buying and owning a home. The five pieces are parts of the same box, which is home-buying and owning process. They are more or less linked between them.
For example: if you choose shared ownership as a home-buying scheme, there are implications for your choice. As a low income earner, you may consider funding fit for this scheme on the market; you probably need to find a property subject to shared ownership and explore the help to buy linked this home-buying product; and finally you may be required to budget the costs associated with the method of buying and owning a home. Clearly, there are relationships between these five pieces of home-buying and owning process.
Outcomes for this week’s home buying and owing campaign
This week is about going in dept regarding the above relationships with the aim of achieve the following outcomes:
√ Clarifying your home buying options
√ Matching your chosen key option with a specific funding scheme
√ Finding a real or virtual home to buy meeting your selected option
√ Identifying the help to buy related to your option
√ Costing your chosen home buying and owning option
The overall idea is to make a soft landing by keeping all the five pieces together in the decision making and delivering processes. In doing so, you can stay in control of this process from the beginning to the end.
Highlights and inclusions in the week’s campaign
Highlights and inclusions in the week’s campaign are budget before home-buying and budget after home-buying processes. We will look at what to include and what not include in these two budgets. We will finally provide additional resources (print and online) related to this process.
Need to know more about home-buying and owning process and gain a foothold on the housing ladder as a low income earner, why not work with Home Relief for information, guidance and advice?
Home seekers and prospective home buyers and owners can consult Home Relief to discuss their individual cases, applications and the suitable options for them.
For more information about our property service to home seekers and tenants (including our full package on Help to Rent), please go to https://homerelief.co/tenants/
For properties to rent, go to https://homerelief.co/property-search/
For weekly property news and updates, please read our weekly posts.
Thank you for reading this post.
We look forward to receiving your regular visits to Home Relief website and to doing business with you.
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