How to Buy Your Own Home

Head Office
Trident Housing Association
239 Holliday Street, Birmingham B1 1SJ
Tel: 0121 633 4633
Office Hours:
Monday - Thursday 8.30am - 6.00pm
Friday 8.30am - 5.00pm
Out of office hours:
Tel: 0121 643 0883
www.trident-ha.org.uk
Customer Awareness:
We all have a duty to
effectively communicate
with our customers and to
be sensitive to those who
may not have English as
a first language, have
impaired vision/hearing, or
have learning difficulties.
If you would like this
booklet in any other
format, for example,
Braille, large print or
audio, please contact
Trident Head Office on
0121 633 4633.
How you
can buy your
own home?
Albanian
How you
can buy your
own home?
Arabic
Chinese
Farsi
How to become a home owner
Have you considered purchasing your own home?
As a TRIDENT tenant currently renting your property,
there are a number of opportunities available to
assist you in owning your home. You may be able to
purchase the home you live in entirely or partly or
there may be initiatives available to support you in
purchasing a home on the property market.
Gujarati
Hindi
Kurdish
There are requirements that have to be met by
applicants, they are:
You would need to have a clear rent account ;
and no history of Anti-social behaviour.
If you need advice on eligibility, or if you want to
discuss the options available please do not hesitate
to contact the Leasehold Officer at Trident. We can
provide advice on the type of tenancy you have and
the rules that would apply to your type of property.
Punjabi
Polish
Somali
Urdu
We are committed to
providing a quality
service
Right to Buy
The eligibility for the Right to Buy depends on the type of tenancy you
have. You must be a secure tenant to be eligible for the Right to Buy.
There is a discount available against the value of the property when
purchasing under the Right to Buy. The discount is based on the number
of years you have held a secure tenancy agreement and increases
annually up to a maximum of £26,000. If you are unsure what type of
Tenancy you have, or wish to discuss buying your home, please contact
the Leasehold Officer and we will be happy to advise you. A leaflet
explaining the criteria of Right to Buy is available on request.
We need to know what language you speak to ensure that we
can provide you with language support if required.
If you only speak, read or write one of the following languages
please indicate which one to a member of our staff, or call us on
0121 633 4633.
Right to Acquire
Homebuy
The eligibility for the Right to Acquire depends on when your
home was built and the funding used to finance the
development. To be eligible your home must have been built
after 1997 and funded through social housing. A discount on the
value of the property is available to purchasers to assist in buying
your home, the discounts vary according to the area you live in.
This discount is a set amount available once you have occupied
the property for two years or more and does not increase in value.
A leaflet providing information on Right to Acquire, is available on
request.
Homebuy is a government initiative looking to provide low cost home ownership
to residents currently renting accommodation either from a Housing Association
or the Local Authority. There are a number of homebuy initiatives available that
provide low cost housing with discounts available to first time buyers or
applications from residents on low incomes. The Homebuy agent's for the West
Midlands are Mercian Housing. They can be contacted either by logging on
to their website www.homebuyagents.org.uk or telephone 0845 607 6726.
Shared Ownership
Contacting Trident
Shared Ownership is an alternative to renting that can lead to you
eventually owning your own home. Shared Ownership provides
you with an opportunity to buy a share in a property and pay a
reduced rent on the remaining share. Later, as you can afford it,
you can increase your own share and further reduce your rent.
Properties are built specifically for Shared Ownership sale and
can be purchased by first time buyers or people on low incomes
who could not otherwise afford to buy their own home.
Shared Ownership is also known as New Build Homebuy, it
is simply part buying and part renting a home with the
assistance of Trident. The initial share (usually 50% but
dependant on affordability) is purchased by means of a
mortgage from a mortgage lender in the normal way.
A reduced rent is then paid to Trident for the remaining
share. At any point Shared Owners can buy further
shares of at least 10% until full ownership is
achieved.
Trident Housing Association
239 Holliday Street
Birmingham
B1 1SJ
If you require any additional advice about purchasing your home or the options
that may be available to you please contact the Leasehold Officer at Trident.
Telephone: 0121 633 4633
Fax:
0121 643 0260
Email:
reception@trident-ha.org.uk
Right to Acquire
Homebuy
The eligibility for the Right to Acquire depends on when your
home was built and the funding used to finance the
development. To be eligible your home must have been built
after 1997 and funded through social housing. A discount on the
value of the property is available to purchasers to assist in buying
your home, the discounts vary according to the area you live in.
This discount is a set amount available once you have occupied
the property for two years or more and does not increase in value.
A leaflet providing information on Right to Acquire, is available on
request.
Homebuy is a government initiative looking to provide low cost home ownership
to residents currently renting accommodation either from a Housing Association
or the Local Authority. There are a number of homebuy initiatives available that
provide low cost housing with discounts available to first time buyers or
applications from residents on low incomes. The Homebuy agent's for the West
Midlands are Mercian Housing. They can be contacted either by logging on
to their website www.homebuyagents.org.uk or telephone 0845 607 6726.
Shared Ownership
Contacting Trident
Shared Ownership is an alternative to renting that can lead to you
eventually owning your own home. Shared Ownership provides
you with an opportunity to buy a share in a property and pay a
reduced rent on the remaining share. Later, as you can afford it,
you can increase your own share and further reduce your rent.
Properties are built specifically for Shared Ownership sale and
can be purchased by first time buyers or people on low incomes
who could not otherwise afford to buy their own home.
Shared Ownership is also known as New Build Homebuy, it
is simply part buying and part renting a home with the
assistance of Trident. The initial share (usually 50% but
dependant on affordability) is purchased by means of a
mortgage from a mortgage lender in the normal way.
A reduced rent is then paid to Trident for the remaining
share. At any point Shared Owners can buy further
shares of at least 10% until full ownership is
achieved.
Trident Housing Association
239 Holliday Street
Birmingham
B1 1SJ
If you require any additional advice about purchasing your home or the options
that may be available to you please contact the Leasehold Officer at Trident.
Telephone: 0121 633 4633
Fax:
0121 643 0260
Email:
reception@trident-ha.org.uk
We are committed to
providing a quality
service
Right to Buy
The eligibility for the Right to Buy depends on the type of tenancy you
have. You must be a secure tenant to be eligible for the Right to Buy.
There is a discount available against the value of the property when
purchasing under the Right to Buy. The discount is based on the number
of years you have held a secure tenancy agreement and increases
annually up to a maximum of £26,000. If you are unsure what type of
Tenancy you have, or wish to discuss buying your home, please contact
the Leasehold Officer and we will be happy to advise you. A leaflet
explaining the criteria of Right to Buy is available on request.
We need to know what language you speak to ensure that we
can provide you with language support if required.
If you only speak, read or write one of the following languages
please indicate which one to a member of our staff, or call us on
0121 633 4633.
Albanian
How you
can buy your
own home?
Arabic
Chinese
Farsi
How to become a home owner
Have you considered purchasing your own home?
As a TRIDENT tenant currently renting your property,
there are a number of opportunities available to
assist you in owning your home. You may be able to
purchase the home you live in entirely or partly or
there may be initiatives available to support you in
purchasing a home on the property market.
Gujarati
Hindi
Kurdish
There are requirements that have to be met by
applicants, they are:
You would need to have a clear rent account ;
and no history of Anti-social behaviour.
If you need advice on eligibility, or if you want to
discuss the options available please do not hesitate
to contact the Leasehold Officer at Trident. We can
provide advice on the type of tenancy you have and
the rules that would apply to your type of property.
Punjabi
Polish
Somali
Urdu
Head Office
Trident Housing Association
239 Holliday Street, Birmingham B1 1SJ
Tel: 0121 633 4633
Office Hours:
Monday - Thursday 8.30am - 6.00pm
Friday 8.30am - 5.00pm
Out of office hours:
Tel: 0121 643 0883
www.trident-ha.org.uk
Customer Awareness:
We all have a duty to
effectively communicate
with our customers and to
be sensitive to those who
may not have English as
a first language, have
impaired vision/hearing, or
have learning difficulties.
If you would like this
booklet in any other
format, for example,
Braille, large print or
audio, please contact
Trident Head Office on
0121 633 4633.
How you
can buy your
own home?