Frequently Asked Questions

1. What is the Affordable Housing Scheme?

2. How does the scheme work?

3. Where can I buy an Affordable Home?

4. When will the properties be available?

5. Am I eligible for this scheme?

6. How do I prove that I am a First Time Buyer?

7. Are there exceptions to the First Time Buyer requirements?

8. How do I apply for the scheme?

9. What documentation is needed to support my application?

10. What types of properties are available?

11. What is the minimum purchase price of each type of property?

12. What is meant by market value?

13. What is meant by affordable purchase price?

14. How is the affordable purchase price calculated?

15. How do I know which property to apply for?

16. How is my purchasing capacity calculated?

17. How much deposit do I need?

18. How is a decision made on my application?

19. What is the Scheme of Priority?

20. If I am approved for the scheme, where can I apply for a loan?

21. How do I provide evidence on the ability to fund the purchase?