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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
FairShare rent is currently set at 1% per annum for the first two years; 1.75% per annum for years three and four; and 2.5% per annum from year five onward (subject to annual review). All new applications received from 1st May 2018, will be subject to a flat rate FairShare rent, set at 2.5% per annum from year 1 onward (subject to annual review).
The eligibility criteria for the type of properties which may qualify for help under the Fairshare scheme have changed. From 12th April 2018, only new-build properties will be eligible for the FairShare scheme.
6 Cromac Place,
0300 123 1191
FairShare is a shared ownership scheme for Northern Ireland. FairShare allows homebuyers who cannot afford to buy a property outright, to buy a share of a new-build property directly from a housing association and pay rent on the rest.