Owning your own home

Rules Buying your own home is not easy and there are rules you will need to follow.
Bank You might need to borrow the money from a bank. This is called a mortgage.

You will have to pay the money back each month.
Bills You will have to pay the electricity, gas and water bills.
Shared ownership
Policy Shared ownership is when you buy part of a house and rent the rest. The house will belong to a housing association.

You will have to use your money to buy your share of the house.