Myth 8: The process of getting a low cost home ownership home is complicated
The process is simple. It can be broken down into four easy steps:
1. Registration: The first step is to register your interest in buying a low cost property.
2. The application process: Once you have found a property you will need to complete the necessary application form and submit it to the Vale of Glamorgan Council. The local authority together with the housing association will then decide who can proceed to purchase the property.
3. The purchasing process: If successful, you will need to consult with a mortgage advisor and appoint a solicitor to arrange your mortgage and purchase the property on your behalf.
4. After care: The housing association will look after you for 12 months after your purchase, ensuring any issues you may have are resolved.