The London Borough of Harrow has introduced a Grant to Move Scheme which is available to all Council housing tenants subject to eligibility.
What is the Grant to Move Scheme?
It is a scheme where The London Borough of Harrow can provide financial assistance to eligible council tenants who want to buy a property and give up their council tenancy.
There are three options:
Shared Ownership: London Borough of Harrow Schemes
We will offer 20% of the value of a share in a London Borough of Harrow shared ownership scheme property that the tenant wishes to purchase.
This amount will be capped at £30,000 and is only available for London Borough of Harrow shared ownership schemes managed by London Borough of Harrow.
| Example Pro-Rata | 100% Value | 50% Share | 20% grant value capped at £30,000 | 25% share | 20% grant value of 25% share capped at £30,000 |
|---|---|---|---|---|---|
| 1 bed s/o Milton Rd | £340,000 | £170,000 | £30,000 | £85,000 | £17,000 |
| 2 bed s/o Milton Rd | £448,000 | £224,000 | £30,000 | £112,000 | £22,400 |
Shared Ownership: Other social landlords
We will offer 10% of the value of a share in a shared ownership scheme managed by another social landlord. This amount will be capped at a maximum of £25,000.
| Example | 100% Value | 50% Share | 10% grant value of 50% shared capped at £25,000 | 25% share | 10% grant value of 25% share capped at £25,000 |
|---|---|---|---|---|---|
| Purchase price | £340,000 | £170,000 | £17,000 | £85,000 | £8,500 |
| Purchase price | £448,000 | £170,000 | £22,400 | £112,000 | £11,200 |
Open Market
We will offer 10% of the purchase price of any property being bought on the open market within England - capped at a maximum of £25,000.
Apply for a grant to move
To register your interest and apply for the scheme, please complete our online application form below.
Please note that all incentives are subject to eligibility and availability.