You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum when eligible to purchase.
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.

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home
• Eligible buyers must also be registered with Help to Buy
• Eligible buyers must Live in the Adminstrative borough of Tamworth

Our homes at Friary Meadow have been specifically built to meet the needs of local people and priority will be given to applicants who have a connection to Lichfield District Council.

The local area connection can vary between our developments but generally, it is based on you having been a resident (or employed within) the area for a number of years (usually between 2-5) or have family connections – for example, parent, grandparent, child, grandchild or adult sibling – who have lived in the area for at least three years.

You’ll notice that on most of our property listings we say that a local connection to the area is needed. This is because the homes for sale in these areas have been built specifically to help meet the needs of local people who can’t afford to get on the housing ladder any other way.

The local area connection criteria varies between sites, but generally it’s based on:

Being a resident (or employed within) the area for a number of years (usually between 2-5) Family connections – for example, parent, grandparent, child, grandchild or adult sibling – who have lived in the area for at least three years.

Priority will be given to applicants who have a connection to Lichfield District Council.

You’ll notice that on most of our property listings we say that a local connection to the area is needed. This is because the homes for sale in these areas have been built specifically to help meet the needs of local people who can’t afford to get on the housing ladder any other way. The local area connection criteria varies between sites, but generally it’s based on: Being a resident (or employed within) the area for a number of years (usually between 2-5) Family connections – for example, parent, grandparent, child, grandchild or adult sibling – who have lived in the area for at least three years. Priority will be given to applicants who have a connection to Staffordshire District Council

• Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
• 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.

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.