Affordable Housing in Limavady
Affordable housing in Limavady means homes for rent or sale offered below market levels to people whose needs are not met by the open market, such as social and affordable rent, shared ownership and discounted market sale. Land to Homes plans affordable homes into the sites it brings forward and works with councils and housing associations, which set eligibility and allocate the homes.
Limavady · BT49Register your interest
Tell us where you want to live and what you need. Free, no obligation.
Registering interest is not a housing application. Social and affordable homes are allocated by councils and housing providers through their own lists.
Prefer to talk? Call 0800 088 6248.
- Free to registerNo fees, no deposit, no obligation
- Hear firstIf homes are released near you
- Affordable homesWith councils and housing associations
- Clear informationTenure, specification and warranty
- UK-wideEngland, Wales, Scotland and NI
Homes we plan around Limavady
In County Londonderry, Limavady lies about 15 miles east of Derry/Londonderry; its central postcode district is BT49. Close by, our coverage also takes in Coleraine, Derry/Londonderry and Magherafelt.
When you register for Limavady, you can choose two- and three-bedroom family homes, one- and two-bedroom apartments or accessible and adaptable homes. Because Limavady is in Northern Ireland, land titles are registered with Land & Property Services (Land Registry and Registry of Deeds) and transfers attract Stamp Duty Land Tax (SDLT).
Register for Limavady and we will contact you if we bring homes forward nearby.
What we offer in Limavady
Delivered through planning
Affordable homes are usually secured by a planning obligation, such as a Section 106 or Section 75 agreement, agreed with the council at planning stage.
Nation-aware delivery
Affordable housing works differently in England, Wales, Scotland and Northern Ireland, and we follow the rules and funding routes of each.
Providers involved early
We aim to agree affordable homes with a housing association or other registered provider early, so the homes meet their standards and local need.
Designed to fit in
We design affordable homes to sit alongside homes for sale and spread them through a scheme, so the tenures are hard to tell apart.
Planning in Limavady: the Northern Irish rules
Social homes in Limavady are built mainly by registered housing associations through the Social Housing Development Programme. The Department for Communities funds the programme and the Northern Ireland Housing Executive manages it, assessing need and drawing up a rolling three-year plan. Housing associations are regulated by the Department for Communities. Land to Homes can bring forward land and build homes for housing association partners.
In Northern Ireland, the Northern Ireland Housing Executive is the strategic housing authority and manages the Social Housing Development Programme, while housing associations regulated by the Department for Communities build and manage most new social homes. Affordable housing can be secured through Section 76 agreements, and shared ownership is offered mainly through Co-Ownership.
| Who decides applications | The 11 district councils, with the Department for Infrastructure deciding regionally significant applications |
|---|---|
| Land transaction tax (paid by the buyer) | Stamp Duty Land Tax (SDLT) |
| How a sale becomes binding | A land sale becomes legally binding when contracts signed by both parties are exchanged and finishes on completion, with the title registered in the Land Registry at Land & Property Services. |
| Developer contributions | Section 76 planning agreements under the Planning Act (Northern Ireland) 2011 (there is no Community Infrastructure Levy) |
Common questions in Limavady
Does affordable housing reduce what my land is worth?
It usually affects value, because affordable homes are transferred to a provider for less than open market homes would sell for. The council's affordable housing policy, and other planning obligations, are among the costs a buyer allows for when valuing land. Our free site appraisal explains how these factors apply to your site.
Can I register interest in an affordable home with Land to Homes?
Yes, but registering with us is not an application and does not affect eligibility. If a site we bring forward includes affordable homes, we will tell you which council or housing provider is responsible so you can apply through them. You should also register directly with your council and with housing associations in the area.
What is shared ownership?
Shared ownership lets you buy a share of a home, usually with a mortgage, and pay rent to the housing provider on the remaining share. You can normally buy further shares over time, which is known as staircasing. Schemes and rules differ by nation and by provider, so check the details and take independent legal and financial advice before committing.
What is the difference between social rent and affordable rent?
Social rent is the lowest-cost rented housing, with rents in England set using a government formula and kept low by policy or regulation elsewhere. Affordable rent, used mainly in England, is set by reference to local market rents and is usually higher than social rent. Both are let by councils and registered providers to eligible households.
Are there new homes available in Limavady now?
Not yet. Land to Homes has no homes available in Limavady at the moment. You can register your interest for Limavady, and we will contact you if we bring homes forward there or nearby.
Read more: Affordable Housing · Guide: How affordable and social homes are delivered across the UK