Our cash incentive scheme is an opportunity for Hillingdon Council tenants to become homeowners.
We are offering a one-off lump sum payment to assist you with buying a property on the open market that you could not otherwise afford without the benefit of receiving the cash incentive grant. You are able to buy a share in a property and it can be anywhere in the United Kingdom.
Do I qualify for the scheme?
To be eligible for the scheme, you must:
- have held a secure tenancy
- currently have a clear rent account
- be able to provide mortgage in principle certificate - this can be obtained by visiting your bank or building society or mortgage provider.
Priority will be given to tenants occupying a property that has at least 2 bedrooms and who are living in overcrowded conditions.
Available grants
Property size | House | Flat |
---|
4 Bed property | £35,000 | £30,000 |
3 Bed property | £30,000 | £25,000 |
2 Bed property | £25,000 | £20,000 |
1 Bed Property | £20,000 | £15,000 |
Please note: There is a limited budget for the scheme, so grants will be allocated after eligibility and priority on a first come basis.
Download our Cash Incentive Scheme information leaflet (PDF)
[92KB]
How to apply
To apply for this grant, please complete the Cash Incentive application form then return it to the address on the form.
If your application is successful, you will be invited for a consultation to discuss your options.