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Wigan Council Affordable Homes Equity Loan Scheme

Wigan Council
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Summary

If you’re eligible for Wigan Council’s Affordable Homes Equity Loan Scheme, you could benefit from a 30% interest-free loan, which can be used to purchase a selected Bellway home. You will need to pay at least 5% deposit on the property you wish to buy and secure a mortgage for the remaining purchase price. The loan must be paid back after an agreed term (up to 25 years), when the property is resold, or before if you wish.

Under this scheme the property you are buying must be your only home and you must live in it.

Who is eligible?

To qualify for this scheme, you should fulfil one of the following criteria. You:

  • Currently live in the borough and have lived there for the last six months
  • Have lived in the borough for at least three of the last five years
  • Your usual place of employment is within the borough
  • You are accepting an offer of employment in the borough
  • You are a former member of the armed forces and are returning to the borough
  • You have long-standing family ties to the borough

For further information about this scheme, please speak to our sales advisor, or contact Wigan Council: housingservices@wigan.gov.uk

Terms and conditions

Selected developments and plots only, subject to availability, status and eligibility. Any offer is subject to contract and cannot be used in conjunction with other offers. Prices are subject to change without notice. Images shown are typical of Bellway homes.

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