As a guide you will need to have a household income of at least £72,955 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,500. Total approximate savings required £23,500

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 £53,134.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,700.Total approximate savings required £14,700.

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.

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 this is an Extra Care property, any eligible buyer will have an identified care need and you will be 55 years or over. Alternatively you are also eligible if you are 50 years or older and have a learning disability, any mental health issues or a physical/sensory disability.
• The resale of this property will involve a nomination priority process which will see successful buyers 1)People that live and work in the London Borough of Hounslow 2) People that live in the London Borough of Hounslow 3)People that work in the London Borough of Hounslow.

If all these statements apply to you then you are eligible for shared ownership:

• You are at least 18 years old.
• Outside of London your annual household income is less than £80,000.
• In London, your annual household income is less than £90,000.
• You don't already own another home, or if you do then you're in the process of selling it.
• You can't afford to buy a home suitable for your housing needs on the open market.
• You are not in mortgage or rent arrears.
• You can demonstrate that you have a good credit history (no bad debts or County Court Judgements).
• You can afford the regular payments and costs involved in buying a home. The total monthly costs must be less than 45% of your monthly income.

If all these statements apply to you then you are eligible for shared ownership:

• You are at least 18 years old.
• Outside of London your annual household income is less than £80,000.
• In London, your annual household income is less than £90,000.
• You don't already own another home, or if you do then you're in the process of selling it.
• You can't afford to buy a home suitable for your housing needs on the open market.
• You are not in mortgage or rent arrears.
• You can demonstrate that you have a good credit history (no bad debts or County Court Judgements).
• You can afford the regular payments and costs involved in buying a home. The total monthly costs must be less than 45% of your monthly income.

If all these statements apply to you then you are eligible for shared ownership:

• You are at least 18 years old.
• Outside of London your annual household income is less than £80,000.
• In London, your annual household income is less than £90,000.
• You don't already own another home, or if you do then you're in the process of selling it.
• You can't afford to buy a home suitable for your housing needs on the open market.
• You are not in mortgage or rent arrears.
• You can demonstrate that you have a good credit history (no bad debts or County Court Judgements).
• You can afford the regular payments and costs involved in buying a home. The total monthly costs must be less than 45% of your monthly income.

If all these statements apply to you then you are eligible for shared ownership:

• You are at least 18 years old.
• Outside of London your annual household income is less than £80,000.
• In London, your annual household income is less than £90,000.
• You don't already own another home, or if you do then you're in the process of selling it.
• You can't afford to buy a home suitable for your housing needs on the open market.
• You are not in mortgage or rent arrears.
• You can demonstrate that you have a good credit history (no bad debts or County Court Judgements).
• You can afford the regular payments and costs involved in buying a home. The total monthly costs must be less than 45% of your monthly income.

• 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.