Priority will be offered to MOD personnel.

Priority will be given to MOD personnel

PRIORITY WILL BE GIVEN TO THOSE WITH A CONNECTION TO SEVENOAKS DISTRICT E.G. LIVE OR WORK

The government has designed the scheme Help To Buy: Shared Ownership, to assist people take steps to buy their own home, who are unable to afford to buy a home outright. Properties are available on a part buy, part rent basis. You buy an equity share in the property by means of a mortgage and/or savings, and then pay a proportionate rent on the unowned share owned to 2.75%.

When you can afford to, you can buy further shares in the property until you own it outright.

To be eligible for the scheme you be registered and approved by (Housing Association/ JLL/ Local Home Buy agent) and not already own another property. Certain other criteria also applies - please speak to our Consultants for full details.

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.
• You are registered and approved by JLL. Certain other criteria also applies - please speak to our Consultants for full details.

FOR FURTHER INFORMATION AND TO ARRANGE AN APPOINTMENT TO VIEW PLEASE CALL 0207 852 4300 OR VISIT www.residential.JLL.co.uk

PRIORITY WILL BE GIVEN TO THOSE WITH A CONNECTION TO SEVENOAKS DISTRICT E.G. LIVE OR WORK

The government has designed the scheme Help To Buy: Shared Ownership, to assist people take steps to buy their own home, who are unable to afford to buy a home outright. Properties are available on a part buy, part rent basis. You buy an equity share in the property by means of a mortgage and/or savings, and then pay a proportionate rent on the unowned share owned to 2.75%.

When you can afford to, you can buy further shares in the property until you own it outright.

To be eligible for the scheme you be registered and approved by (Housing Association/ JLL/ Local Home Buy agent) and not already own another property. Certain other criteria also applies - please speak to our Consultants for full details.

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.
• You are registered and approved by JLL. Certain other criteria also applies - please speak to our Consultants for full details.

FOR FURTHER INFORMATION AND TO ARRANGE AN APPOINTMENT TO VIEW PLEASE CALL 0207 852 4300 OR VISIT www.residential.JLL.co.uk

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.

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.

• Minimum salaries required are: £35,642 (single), £39,642 (joint).
• Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage.
• Applicants must be registered with the Help to Buy Agent, BPHA www.helptobuyagent2.org.uk, 03333 214044
• Applicants should have a live and/or work connection to the Mole Valley district.
• Priority will be given to serving military personnel.

Information correct as at June 2020

Am I eligible?

Priority given to residents of Mole Valley and neighbouring boroughs

• You must be at least 18 years old.
• You must be unable to buy a home suitable for your needs on the open market.
• You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.Your annual household income must be less than £80,000.
• You must be a first-time buyer or an existing shared owner.
• If you already own a home, and need to move but cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

Am I eligible?

Priority given to residents of Mole Valley and neighbouring boroughs

• You must be at least 18 years old.
• You must be unable to buy a home suitable for your needs on the open market.
• You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.Your annual household income must be less than £80,000.
• You must be a first-time buyer or an existing shared owner.
• If you already own a home, and need to move but cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

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.

London Living Rent is a type of affordable housing for middle-income Londoners. These homes offer lower rents, with the saving on the rent aimed to help you ave towards a deposit for your own home.