Swindon Home Bid

Low Cost Ownership

House prices in Swindon have risen by over 75% in the past five years leaving many people struggling to compete in the housing market.  In recognition of this, Swindon Borough Council has accelerated its development programme of Low Cost Home Ownership (sometimes known as Shared Ownership) to assist more people in making that difficult first step onto the housing ladder.

The number of available Low Cost Home Ownership properties within the Swindon Borough Council area will vary from year to year.  The majority will be Shared Ownership houses and flats provided by a variety of housing associations.

Shared Ownership is a ’part buy, part rent’ arrangement typically on a 50% / 50% split, with opportunities to increase the share owned, right up to 100%.  The rent paid to the housing association for the unpurchased element reduces as greater shares are bought.  No rent at all is paid if 100% ownership is achieved.

Further details are available in a leaflet, which can be obtained from the named officer listed below. It is also available as a downloadable pdf file: Low Cost Home Ownership

Registration of Interest Form

To register your interest, you need to fill in the Registration of Interest Form. This can be obtained from the Housing Department (see below). It is also available as a downloadable pdf file and online: Low Cost Home Ownership Registration of Interest Form   

For home ownership Properties, please follow this link

Contact

Housing Needs Team
Housing Department
Swindon Borough Council
Civic Offices
Euclid Street
Swindon
SN1 2JH
Tel. 01793 463181
E-mail: housing@swindon.gov.uk

Harinder Mann
Shared Ownership Officer
Tel. 01793 464397
E-mail: hmann2@swindon.gov.uk