Affordable housing

Affordable housing is for people who are unable to rent or buy on the open market.

Affordable Housing includes:

• Affordable Rent
• Affordable Home Ownership
• Social Rent
• Very Sheltered Affordable Home Ownership
• Very Sheltered Housing for Rent

Affordable housing should provide:

• housing at a cost low enough to reflect local incomes and local house prices
• homes that remain at an affordable price for current and future eligible households.

Local Authority Mortgage scheme for first-time buyers

Bristol City Council with LloydsTSB is helping local first time buyers with a minimum 5% deposit to buy their first home subject to Lloyds lending criteria.  First time buyers can select a property within the city area which they will own in its entirety.  Purchasers will be able to access a range of products at a lower rate of interest than would normally be available with a lower level of deposit.

If you would like to apply for the scheme, please contact samantha.lloyd@lloydstsb.co.uk, mobile 07841 491825 for further information.

Find out more on the Local Authority Mortgage Scheme factsheet (pdf, 200 KB)