Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property… then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.

Who is it for?

As long as you are over 18
Your household income is less than £80,000
And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.

A local connection to Basingstoke and Deane is required.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £150,000 and a purchaser would not need to meet the eligibility criteria listed above.

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property
  … then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers.

A local connection to Basingstoke and Deane is required for this property.

You may be eligible for this property if:

• You have a gross household income of no more than £80,000 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.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.

Applicants with local connections may take priority.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.

Applicants with local connections may take priority.

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property

… then Shared Ownership could be right for you

Local Connection Requirement to Basingstoke and Deane Borough Council.

To be eligible for Extra Care Shared Equity you must meet the relevant age criteria for the scheme, this will either be over 55 or over 60. Please note the minimum share available is always 75% and rent is not payable on the unowned share.

To apply, please complete the following steps:

Applicants must complete an Expression of Interest form and arrange to view the property, this can be found in the downloads tab.
Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out. It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined unless there are exceptional circumstances. Please ask for further details.
If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.
On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property
  … then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property
  … then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.

A local connection to Basingstoke and Deane is required.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.

Applicants with local connections may take priority.

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property
  … then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.

A local connection to Basingstoke and Deane is required for this home.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.

Applicants with local connections may take priority.