Ways to buy

Buy your dream home through Platform Home Ownership

Whether you are a first time buyer or taking the next step on the property ladder, buying a home is a big decision and Platform are here to make the process as easy as possible.

As a leading housing association in the UK, we understand that the traditional route to home ownership isn't possible for everyone. That's why we're championing affordable home ownership schemes, meaning you can get your foot on the property ladder. 

If you're interested in Shared Ownership, Rent to Buy or thinking about buying an Off-Plan Property, we can help. Our understanding of the sector means we know what makes a smooth and positive buying experience.

Below you can find hub pages for each of our home ownership schemes, with all of the information you need to make a decision on which is right for you.

Which Home Ownership Scheme is Right For Me?

Depending on your individual circumstances, where you want to buy and how you want to approach the purchase process, there may be several home ownership schemes that suit your needs. 

While we always advise speaking with a financial professional before making a decision, we're also here to support you during your home ownership journey. 

So, how do you know which home ownership scheme is right for you?

Shared Ownership

If you're looking to buy a new home and you have some money saved for a deposit but not enough to buy a home outright, Shared Ownership may be an option for you. 

Since you're buying a share of the property, you only need a mortgage - and a deposit - for that share, which is often significantly lower than paying the deposit at full market value.

Shared Ownership is also extremely flexible. You can choose when you'd like to purchase more shares and exactly how much you want to buy.

Rent to Buy

If you're thinking about buying a new home but you need more time to save for a deposit, Rent to Buy is ideal.

Designed for working households, Rent to Buy means you pay below open market value rent with the rest going towards your deposit. 

During this process, you'll have the opportunity to buy the property either via Shared Ownership or Outright Sale.

Off-Plan Property

While not strictly a home ownership scheme, purchasing an Off-Plan Property is a method of home ownership that offers unique benefits.

Aside from typically being more affordable than completed properties, an Off-Plan Property gives you the opportunity to choose your own plot, your fixtures, fittings and other elements of interior design.

The final benefit of Off-Plan Property is that the local market may experience price increases during the build period, meaning the value of your home increases before it has even completed.