To be eligible to apply for this property, you must:

Be registered with Home Ownership Westminster*
Have lived or worked in Westminster continuously for at least the last year
Be a first time buyer or you will have sold any property you owned in the UK or abroad prior to completing on a property in Westminster
Not exceed the maximum household income threshold of £90,000
Please be advised the closing date for the applications is Wednesday 28th July

If you wish to find out more about the eligibility or the application process for this property, please contact Westminster Homeownership as follows:

Enquiries: T: 0800 783 4849 or E: info@homeownershipwestminster.co.uk

*Applicants who are not currently registered can complete their registration using the link below:

https://www.homeownershipwestminster.co.uk/register

Eligibility Criteria 

·       Household income must not exceed £80,000 (outside of London) or £90,000 (in London)  

·       Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property) 

·       No cash buyers  

·       No pets 

·       Applicants must be able to afford their purchase, and sustain their housing costs  

·       Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners  

·       Applicants must be unable to purchase a property suitable to meet their needs on the open market  

·       Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis 

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer. 

As a guide you will need to have a household income of at least £65,821. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £21,375. Total approximate savings required £25,375.

Important borough specific eligibility criteria

Borough of Lambeth

All London applicants will be considered. However, those living and working in the Lambeth 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.

As a guide you will need to have a household income of at least £54,483. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 5% deposit approx. £5,250. Total approximate savings required £9,250.

Important borough specific eligibility criteria

Borough of Lambeth

All London applicants will be considered. However, those living and working in the Lambeth 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.

As this is an intermediate affordable home, to view this property you must live or work in the London Borough of Lambeth, do not own any property, and have a household income below the intermediate housing income limit set by Lambeth (currently £90,000).

As this is an intermediate affordable home, to view this property you must live or work in the London Borough of Lambeth, do not own any property, and have a household income below the intermediate housing income limit set by Lambeth (currently £90,000).

You will need to be earning a guidance income of £77,891. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,900. Total approximate savings required £22,900.

Important borough specific eligibility criteria

Lambeth

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.