Your Home:
The gradual home ownership scheme that helps armed forces personnel find a place to call home
Get your home buying journey started today
Buy a share of a pre-owned home and rent the rest.
What could be simpler?
Your Home is a leading gradual home ownership scheme that enables movers to secure a home they truly love, without the need for a mortgage. Unlike traditional shared ownership schemes, Your Home is available on many second hand homes*. This means you can view eligible homes via any estate agent in England!
Movers need to put down a cash deposit of at least 25% of the value of the home, and then pay a rent of 4.89% of the value of the unsold share**.
How Your Home Gradual Ownership Works
The example below outlines the costs based on a home valued at £250,000.
Find any qualifying home for sale on the open market*.
The minimum share you can buy with is 25% but you can start with a larger deposit, anything up to 75%.
The unsold share totals £187,500. 4.89% of £187,500 is £9,168.75, this is split in to 12 equal montly payments of £764.06**.
To assist armed forces personal into homeownership, our gradual ownership product is compatible with the MOD Future Accommodation Model and Forces Help to Buy schemes. As an extra helping hand the lease allows service personnel who are posted to sublet their entire property for the duration of their deployment. We also provide up to £500 towards legal fees when service personnel purchase a home through Your Home.
Supporting our Armed Forces
Supporting our Armed Forces
We are proud to have signed the Armed Forces Covenant, pledging our commitment to fair treatment and support of the Armed Forces community, including regulars, reserves, veterans and their families. We have achieved the prestigious Silver Award from the Defence Employer Recognition Scheme (ERS), which recognises our commitment to members of the Armed Forces, past and present, and their families.
Is Your Home right for you?
If you are looking to move home soon, then find out how Your Home could get you a home you'll love, for a monthly payment that's affordable to you.
You can discover more about Your Home's eligibility criteria and credit check process by clicking on the links below.
Other costs apply with the scheme, including your solicitors and valuation fees plus the Your Home fees.
Got a question?
We’re here to help.
If you have any questions, or need further support, please get in touch:
Register your interest
Make your next move with Your Home
To apply to Your Home, simply click the ‘Apply Now’ button below and complete your application. One of the team will assess your application and let you know if you’re application has been successful.
*Eligible homes must be freehold and at least one year old. The home must have an EPC rating of at least D. A RICS Level 2 Home Buyers Report must be completed at the expense of the buyer (prior to exchange) and the valuation in the report must not be more that be in line with the purchase price agreed. There should be no serious safety issues highlighted in the report, or anything that could cause severe long-term damage for the buyer or to the property (for example, damp, mould or subsidence).
**Rents increase annually at a rate of RPI plus 0.5%.
