Welcome to the New Build Homebuy section. New Build HomeBuy enables you to take your first step into home ownership by buying an initial share of between 25% and 75% of a property provided by Orbit First Step, through either a mortgage or savings.
A monthly rent is then payable to Orbit First Step for the remaining share of the property i.e. you purchase a 50% share and pay rent on the remaining 50% still owned by Orbit.
As your circumstances or finances change you can then buy further shares until you own the property
How do I apply?
You will need to have completed and returned the Home Buy application form that was sent to you with your Home Options Scheme User Guide. Orbit First Step has several sites currently being developed for New Build HomeBuy. All completed properties which are available will be advertised through the Home Options Scheme.
Please click here to see properties currently being developed