Home Purchase Grant scheme

Due to the popularity of the Home Purchase Grant scheme and limited budget we can no longer accept new applications at present. For further information on the scheme, please read on

What is the Home Purchase Grant scheme

The Home Purchase Grant is a discretionary scheme whereby Southwark Council can offer financial assistance to assist tenants that want to buy a property on the open market and vacate their council home.

The freed-up council homes are then used for re-letting to families who are currently on the housing waiting list.

As the scheme has limited funding and the number of grants available is limited, the scheme operates on a ‘first come first serve’ basis.

Who can apply

To be eligible to apply for the scheme:

  • you must have been in a secure council or housing association tenancy for at least three years
  • two of the three years must be as a Southwark Council tenant living in a Southwark Council property
  • this scheme applies to our council tenants who live in a property with two bedrooms or more and up to four persons can apply together including all the tenants of the council home. This must include the named person(s) on the tenancy agreement

How long will my application take

We aim to complete your application as quickly as possible and estimate that it will take a minimum of six to nine months, but it is likely to take longer.

As the application process takes place in stages, we will require you to provide certain information at different stages of the application process.  

What size grant will I be given

The size of the grant is dependent on the number of bedrooms your property has:


Basic incentive

Moving costs assistance (to a maximum)

Desirable features* to be taken into account

Total maximum Home Purchase Grant

5+ bedrooms





4 bedrooms





3 bedrooms





2 bedrooms





* Desirable features only include properties which are houses and ground floor flats with sole access to a garden.

What else is considered when I want to purchase a property

  • an affordability assessment will determine the maximum mortgage you can afford and the maximum value of the property that we will assist you to purchase on the open market
  • remember, you should not enter into a contract to buy unless we have confirmed your grant as we will not be liable for any of your costs incurred in connection with this scheme

What kind of home can I buy

If you qualify, you can use the grant to help you:

  • buy a home anywhere in the UK (England, Scotland, Wales and Northern Ireland), not including the Channel Islands or Isle of Man
  • the home you wish to buy must be a permanent dwelling
  • you must ensure that the home you wish to buy is suitable for the needs of all members of your household. No one should be made homeless as a result of the purchase. If anyone is made homeless, applicants may be liable to repay any grant awarded

To find out more information on any of the above you can get in touch by emailing specialist.homepurchase@southwark.gov.uk.

Page last updated: 07 December 2018