Examples of HomeBuy Agent in a sentence
If the purchase is approved, the Local HomeBuy Agent will make contact and provide you with these Instructions to Solicitors (having already been provided with your details in the qualifying applicant's Property Information Form), providing a copy to the Buyer.
The HomeBuy Agent is the organisation responsible for marketing all Homebuy products (New Build Homebuy, Open Market Homebuy and Social Homebuy), all New Build Homebuy homes built by any RPSH in the Ashford borough are advertised by the local HomeBuy Agent; Moat Housing Group.
Once the Local HomeBuy Agent has considered the Property Information Form it will issue the Authority to Proceed to the qualifying applicant (with a copy being provided to the Developer), in which it will either approve or reject the purchase.
This is likely to include most banks and building societies.As part of the assessment of eligibility, the Local HomeBuy Agent will ask the Buyer to produce evidence of their identity.
This assistance may include guidance to advice on property purchase including low-cost home ownership options (signposting to estate agents, developers, solicitors, the regional HomeBuy Agent, mortgage lenders and IFAs).
At the same time as reserving the property and appointing the legal representative, the qualifying applicant will submit details of the purchase to the Local HomeBuy Agent for approval by submitting a completed Property Information Form in the form attached at Schedule 3 (the "Property Information Form") to the Local HomeBuy Agent together with a copy of the completed reservation form (of the Developer).
The application can proceed in the sole name of the qualifying applicant provided the HomeBuy Agent gains vacant possession of their current property AND there is no obligation to re-house the partner.
Home 2 You is operated by Eastern Shires Housing Association (ESHA), who have been appointed by the Housing Corporation as 'HomeBuy Agent' to provide a one stop property shop and information regarding access to low cost home and shared ownership products in Lincolnshire and Rutland.
Two equity loans, each worth around 12.5% of the home are available; the first is provided by the same lender the purchaser chooses for their conventional mortgage; the second is provided by Government and administered by a HomeBuy Agent – currently Mercian.
In these circumstances the HomeBuy Agent should satisfy itself that the non-qualifying tenant is either intending to live with the qualifying tenant or has identified alternative private living accommodation suitable for their housing needs.