You can buy a home through shared ownership if both of the following are true:

-Your household income is £80,000 a year or less (£90,000 a year or less in London)
-You cannot afford all of the deposit and mortgage payments for a home that meets your needs

One of the following must also be true:

You’re a first-time buyer
You used to own a home but cannot afford to buy one now
You’re forming a new household - for example, after a relationship breakdown
You’re an existing shared owner, and you want to move
You own a home and want to move but cannot afford a new home that meets your needs
For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.

You can buy a home through shared ownership if both of the following are true:

-Your household income is £80,000 a year or less (£90,000 a year or less in London)
-You cannot afford all of the deposit and mortgage payments for a home that meets your needs

One of the following must also be true:

you’re a first-time buyer
you used to own a home but cannot afford to buy one now
you’re forming a new household - for example, after a relationship breakdown
you’re an existing shared owner, and you want to move
you own a home and want to move but cannot afford a new home that meets your needs
For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.

As a guide you will need to have a household income of at least £67,581. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£15,750.Total approximate savings required £19,750.

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. This property will only be allocated to registered applicants for a minimum of eight weeks.

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 £48,448. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,025.Total approximate savings required £15,025.

Important borough specific eligibility criteria

Hammersmith & Fulham

Applicants who live and / or work in Hammersmith and Fulham will be prioritised, pan-London applicants will be considered.

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 £56,932. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,700. Total approximate savings required £22,700.

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. This property will only be allocated to registered applicants for a minimum of eight weeks.

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 £41,694 .You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £7,500. Total approximate savings required £11,500.

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. This property will only be allocated to registered applicants for a minimum of eight weeks.

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 £69,049 You will need access to savings of approx. £4,000 to cover the cost of buying the home and a minimum 10% deposit of £18,600. Total approximate savings required £22,600. Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

Please note that Service Charge covers heating/ hot and cold water costs.

Important borough specific eligibility criteria

Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a 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.