Skip to content

Home buy loan (redemption scheme)

If you’re a homeowner who was supported in buying your home by a home buy loan scheme with us, and you now want to sell your home, the loan will need to be repaid. You’ll find information here to help with that.

The scheme was historically available from housing providers, such as Latimer by Clarion Housing Group, to help people buy a property outright on the open market.

If you bought your home this way you’ll have contributed a certain percentage of the purchase price of your home through your mortgage. We will have provided the remaining percentage of the purchase price in the form of an equity loan - secured as a charge against the property.

When the property is sold, or if you wish to purchase the remaining share, the loan needs to be repaid.

Under the terms of the scheme:

  • You’ll need an independent valuation, the cost of which is met by you, as the owner.
  • The cost of the valuation is non-refundable should you decide not to proceed.
  • You’ll also need to pay our administration fee.
  • A valuation is valid for three months only. If you’re transaction isn’t complete in this timescale, a desk top valuation may be required for a smaller fee.

Application and valuation

To proceed please download our offline application form. This needs to be completed, signed and returned to us. Details are on the form. If you can scan your signed form you can return it through our online form on this page.

On receipt of your valid form a member of our team will contact you for the required payment of our fee.

The valuation form is not returned to us. It will need to be completed by **XYZ**.

Homebuy online application form

  • You'll need to complete this form in one session. There's no option to save as you progress.
  • Information you supply to us is treated with respect in line with data protection legislation.

For further details on how your personal information is used, how we maintain the security of your information, and your rights to access information we hold on you, please see our Privacy Notice.

Ownership type

Please select one of the following to continue. Are you a homeowner?
This form is only for home owners/shared owners with Latimer and Clarion Housing Group.

Your details

0 of 512 characters used

Please remember that communication preferences can be updated at any time by speaking to a member of the home ownership team.

How do you wish to be contacted? (required)Is required
Do you require a remortgage pack, rather than a sale?

0 of 512 characters used

The file must be either PDF, JPG or PNG format and be no more than 5MB in total.

Declaration

RequiredIs required