You will need to be earning a guidance income of £61.519.00. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £23,400.00. Total approximate savings required £27,400.

Important borough specific eligibility criteria

Borough of Ealing

All London applicants will be considered. However, those living and working in the Ealing will be given priority

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £54,460 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19.500. Total approximate savings required £23,500

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £51,099. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,250. Total approximate savings required £13,250.

Important borough specific eligibility criteria

Borough of Tower Hamlets
All London applicants will be considered. However, those living and working in the borough of Tower Hamlets will be given priority

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £37,504. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,600. Total approximate savings required £19,600.

Important borough specific eligibility criteria

Hounslow
All London applicants will be considered with priority given to people who live/work in the borough.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Anyone living or working in London is eligible to apply with priority to applicants who live or work in Newham.

You will need to be earning a guidance income of £44,317. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,250. Total approximate savings required £13,250.

Important borough specific eligibility criteria

Borough of Tower Hamlets

All London applicants will be considered. However, those living and working in the Tower Hamlets will be given priority

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance householdincome of £61,626. You will need access to at least £4,000 to cover the cost of buying the home anda minimum 10% deposit of the share value

Important borough specific eligibility criteria

Barnet

All London applicants will be considered with priority given to people who live/work in the borough.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £ 35,123.00  You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£8,250.00. Total approximate savings required £ 12,250

The applicant must live and work in the borough of Wandsworth.

Applicants must be earning under £90,000 to be eligible for one, two and three-bedroom apartments.

If you are an existing homeowner, we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

ELIGIBILITY

You will need to be earning a guidance income of £36,229 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £8,550. Total approximate savings required £12,550

Important borough specific eligibility criteria

Hillingdon

Priority will go to applicants with a connection to Hillingdon but all applicants can apply.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £52,814. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,200. Total approximate savings required £22,200.

Important borough specific eligibility criteria

Wandsworth

Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £39,334. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,800.Total approximate savings required £13,800.

Important borough specific eligibility criteria

Hounslow

Applicants with a connection to Hounslow will be prioritised but PAN London can apply.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £48,447 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£ 11,125 Total approximate savings required £15,125. Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

Important Wandsworth specific eligibility criteria

Wandsworth will only accept applicants who have registered with Wandsworth Home Buy council and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home.

You will need to be earning a guidance income of £35,904. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,200 Total approximate savings required £17,200.

Important borough specific eligibility criteria

Hertfordshire
All applicants considered, priority will be given to Hertfordshire applicants

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £56,211. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,500. Total approximate savings required £17,500.

Wandsworth Home Ownership Applicants Only

We recommend speaking to an Independent Financial Advisor (IFA), experienced in dealing with shared ownership sales, to ascertain your affordability for this home.

Applicants must be earning under £90,000 gross per annum

If you are an existing homeowner, we will not be able to allocate you a home unless you have found a buyer for your existing home, ready to exchange.

All London applicants will be considered, with priority given to Greenwich applicants

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Based on the estimated monthly outgoings we recommend a guidance household income of £66,161. Please use this figure for guidance only, as this can be a joint or sole household income. Purchasing a larger share or securing a larger deposit will reduce the monthly outgoings.

You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,500.

All London applicants will be considered. However, those living and working in the borough of Tower Hamlets will be given priority

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

You will need to be earning a guidance income of £47,521. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,600. Total approximate savings required £18,600.

Important borough specific eligibility criteria

Newham

All London applicants will be considered with priority given to people who live/work in the borough.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

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.