The general eligibility criteria for Shared Ownership is as follows:

You must be at least 18 years old
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the share you are purchasing.

In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

Please note:All offers are subject to a financial assessment with an Independent Financial Advisor.

You may be eligible for this property if:

• Your deposit amount is greater than £ 7937
• You live or work in Barking - Barking and Dagenham, London Borough or Bromley - Bromley, London Borough or Bexley - Bexley, London Borough or Barnet - Barnet, London Borough or Croydon - Croydon, London Borough or Enfield - Enfield, London Borough or Ealing - Ealing, London Borough or Islington - Islington, London Borough or Hounslow - Hounslow, London Borough or Hackney - Hackney, London Borough or Harrow - Harrow, London Borough or Hillingdon - Hillingdon, London Borough or Hammersmith - Hammersmith and Fulham, London Borough or Greenwich - Greenwich, London Borough or Merton - Merton, London Borough or London - City and County of the City of London or Kensington - Kensington and Chelsea, London Borough or Lambeth - Lambeth, London Borough or Lewisham - Lewisham, London Borough or Redbridge - Redbridge, London Borough or Richmond - Richmond upon Thames, London Borough or Wandsworth - Wandsworth, London Borough or Sutton - Sutton, London Borough or Westminster - City of Westminster, London Borough or Havering - Havering, London Borough or Camden - Camden, London Borough or Newham - Newham, London Borough or Waltham Forest - Waltham Forest, London Borough or Tower Hamlets - Tower Hamlets, London Borough or Brent - Brent, London Borough or Kingston - Kingston upon Thames, London Borough or Southwark - Southwark, London Borough or Haringey - Haringey, London Borough

The general eligibility criteria for Shared Ownership is as follows:

You must be at least 18 years old

In London your annual household income must be less than £90,000

You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it

You should not be able to afford to buy a home suitable for your housingneeds on the open market

You must show you are not in mortgage or rent arrears

You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home
You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the share you are purchasing.

In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

You may be eligible for this property if:

• You have a gross household income of no more than £90,000 per annum.
• You are unable to purchase a suitable home to meet your housing needs on the open market.
• You do not already own a home or you will have sold your current home before you purchase or rent.

To be eligible to purchase a Shared Ownership home

• Your annual household income can be no more than £90,000
• You should be unable to purchase a home suitable for your needs without assistance.
• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
• You must be a first time buyer. If you already own a home and need to move but cannot afford to, please contact us. There may be some circumstances under which you could be eligible.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

• Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
• Service Charge: covers maintenance costs for the property as a whole and communal areas
• Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

Shared Ownership Resales: Also known as part buy part rent on second hand homes, with this affordable home ownership scheme you purchase a share of the property and rent the remainder from the housing provider.

Shared Ownership New Build: Also known as part buy part rent, with this affordable home ownership scheme you purchase a share of a brand new property and rent the remainder from the housing provider. The price shows the minimum share available, and the size of the share you purchase will depend on what you can afford.

Affordable housing scheme: Intermediate Rent (pay a discounted rent)

Affordable housing scheme: Rent to Save (pay a discounted rent).

Rent to save is designed to enable aspiring home-owners to move into the home they have chosen, even if they have not yet been able to save a sufficient mortgage deposit. As the rent will be at a lower than market rate, you will be able to save throughout the period of your tenancy.

Affordable housing scheme: Over-55s Shared Ownership

For people aged 55 or over who are otherwise unable to afford to buy a home suitable to their needs. The scheme is similar to Shared Ownership and enables you to buy a 75% share of the home or apartment.

Affordable housing scheme: Your Home

Turn any freehold property into part-buy-part-rent with Your Home. You simply need 10% cash deposit on the full purchase price, there’s no need for a mortgage and you can buy more or move at any time plus added benefits. To find out more contact Heylo via the property page

Affordable housing scheme: Discount Market Sale

Discount Market Sale (DMS) is a low cost home ownership product where a new build property is purchased at a discounted price. This discount is usually around 20% and the scheme is to help low and middle earners get onto the property ladder.

Affordable housing scheme: Help to Buy equity loans (100% ownership but with a 20% equity loan)

Buy a new home on an approved new build development with assistance from the Government in the form of an equity loan. The equity loan is interest free for the first five years.

Affordable housing scheme: Help to Buy equity loans (100% ownership with a 40% equity loan)

Buy a new home on an approved new build development with assistance from the Government in the form of an equity loan. The equity loan is interest free for the first five years.

Affordable housing scheme: Discount Full Ownership (100% ownership at a discount)

Affordable Housing Scheme: London Help to Buy equity loan (100% ownership with up to 40% loan)

Borrow up to 40% of the purchase price from the Government with the London Help to Buy scheme. You would only need a 5% deposit and your mortgage would make up the rest.