Registering with Help to Buy South – Why do it and what happens next?
You might’ve come across Help to Buy South and wondered what we do and why you might need to register with us. There a quite a few benefits to registering with us as we can keep you in loop with updates on how to get on, or move up the property ladder using a Help to Buy scheme. You will also need to be registered with us if you’d like to buy a Shared Ownership home or rent a home using a discounted rental scheme.
As mentioned above if you’re looking to buy your first home using the Shared Ownership scheme or you’d like to rent a property through one of the rental schemes , Rent-to-Buy or Intermediate Rent, you will need to be registered with Help to Buy South first.
Registering with us is quick, free and easy to do. The simplest way to do it is online via our website; however if you prefer you can request a paper application pack from us. Once you’ve completed your application your eligibility can be assessed and you can start to apply for properties to buy or rent.
If you’re interested in buying your home using the Help to Buy Equity Loan scheme the process is slightly different and you are not required to register with us; however if you do you will receive notifications of developer open days, our Help to Buy Homes Shows and our applicant e-newsletter My Perfect Place every two months with details of new homes and developments near you . Click here to find out how you’d buy a home on this scheme.
The registration process
To register with us you’ll complete a simple application form which will take about 20 minutes to complete. On the application you’ll let us know your requirements, including where you want to live, what type of home you’d like to buy or rent and your income and out-goings. From this we will check your eligibility for the schemes and if your application is approved we’ll let you know within 4 working days via email.
You will need to know your monthly income and financial outgoings before starting the form, as well as your National Insurance Number, and if you are completing a joint application and applying with a partner you will need the same information for both applicants.
What happens next
Once your application has been approved by us and we’ve notified you of your successful application its time to start looking for a home.
Visit our website and start your property search; make sure to save your searches in your account as you will then receive email notifications when properties that match what you’re looking for are added to the website. This is one of the best ways to find out about new homes coming to the market and it means you can apply for them quickly. We are no longer allowed to let Housing Associations download your details and email you about all new homes in the area you want to buy, this is due to data protection rules, so it means you have to be really proactive and look on the website regularly and check your emails often too. You will also receive emails from us to let you know about developer and housing association open days, our Help to Buy Homes Shows where you can get free advice and gather information on new homes available and coming soon to the market, and you’ll get our applicant e-newsletter My Perfect Place every two months with details of new homes near you.
Other Important Information
Recent changes to the buying process mean that to get more information about a home or development you’re interested in you must contact the Housing Association or Developer selling or letting that home. To do this, you need to log in to your account, find the property listing and click on the ‘register interest’ button. This will send your application details straight to the developer/housing association selling them home who can then contact you with more information in due course. Alternatively, contact email addresses and phone numbers can be found on every home listing on the website.
Remember to be really proactive and regularly look online for new homes that have been added, and remember to save your searches to get those new home notification emails.