Owning one of our low-cost homes is fairly straight forward but does require time and effort.
As a home partner you will spend at least 500 hours working on site helping to build your own home and those of your future neighbours, in return for a £10,000 reduction in the cost of your new home. We call this 'sweat equity'.
As well as reducing the cost of your home, you’ll also get to learn new skills, make new friends and become part of this unique community even before you move in.
Where health issues affect a home partner’s ability to work on site there are opportunities to contribute to administrative tasks, including marketing and IT.
The 23 new homes being built in partnership with Sanctuary Group are situated within a brand new cul-de-sac. They have been designed as three-bedroom houses but with pre-designed space for a fourth attic bedroom, extending the living space.
Other features include:
Modern fully fitted kitchen: integrated oven with hob, stainless steel single sink, choice from range of cupboard doors, patio doors to rear garden
Lounge with patio doors to rear garden.
Rear garden with block paved patio area
Front driveway/garden with block paved car parking space
Dimensions (in feet & inches):
Lounge: 17’6" x 11’5"
Kitchen/Dining Room : 13’2" x 9’8
Cloakroom/WC: 6’3" x 4’
Bedroom One:: 10’4" x 9’8"
Bedroom Two: 11’5" x 10’1
Bedroom Three: 8’2" x 7’1
Bathroom: 6’10" x 6’3"
Properties are competitively priced at £118,000 for a mid-terrace and £122,000 for an end-terrace home.
Our focus is on helping those who wouldn’t ordinarily be able to afford to own a home of their own and we have a comprehensive procedure for selecting families.
To become one of our home partners at our current project in Kingsley Road, Liverpool, we ask that you:
Live or work in the Liverpool area or have strong family connections here.
Must be in housing need.
Are willing to give 500 hours of your time towards creating this unique community.
Are in a financial position whereby you can obtain a mortgage (shared ownership mortgages available*).
On applying to HPBC, you will be given an overview of the project, tour of site and the show home, before being asked to fill in a simple application form and to obtain a credit rating report. You will then meet with an independent mortgage adviser, who will undertake a financial assessment and check your ability to secure and repay a mortgage.
If you meet our qualifying criteria you will be visited in your home by two members of our Family Selection Committee, who will take you through the final steps to becoming one of our home partners and, provided all the criteria has been met, will make a recommendation to the Board of trustees that you be accepted on to the programme. With all the paperwork and checks completed you will then be ready to start your “sweat equity”. That’s when the fun starts!