Local connection to Hart is required.

As a guide you will need to have a household income of at least £35,094. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£11,400.Total approximate savings required £15,400.

Important borough specific eligibility criteria

Hounslow

Priority will go to applicants with a connection to Hounslow followed by the West London Sub-region (Brent, Ealing, H&F, Harrow, Hillingdon, RBK&C). This property will only be offered to applicants who Live or Work in these boroughs for a minimum of four 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 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 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.

As a guide you will need to have a household income of at least £59,843. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £17,500. Total approximate savings required £21,500.

Important borough specific eligibility criteria

Hillingdon

Priority will go to applicants with a connection to Hillingdon but all applicants can apply.

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 may be eligible for this property if:

• You have a gross household income of no more than £90,000 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 may be eligible for this property if:

• You have a gross household income of no more than £90,000 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.

PRICING & AFFORDABILITY

Full Market Value: £365,000

25% Share Price: £91,250 (rent £624pcm)
Minimum 5% Mortgage Deposit (25% share): £4,563
Approximate Service Charges: £233pcm*
Shared Ownership Lease: approx. 143 years
Council Tax Band: D

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 £365,000 and a purchaser would not need to meet the eligibility criteria listed above.