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.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

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.

To be eligible for shared ownership with Hackney Sales, you must be able to answer YES to the following questions:

Are you at least 18 years of age?
Is your annual gross household income less than £90,000?
Are you a first time buyer, i.e. you don’t already own a home? If you do already own a home, have you accepted an offer from a buyer and in the process of selling it?
Are you unable to afford to buy a home suitable for your housing needs on the open market? If you are not sure, you can speak to an independent mortgage advisor
Are your current mortgage or rent payments up to date?
Do you have a good credit history (no bad debts or County Court Judgements), and can you afford the regular payments and cost involved in buying and running a home?
Do you have savings or are you able to easily access at least £4,000 to cover the costs of buying a home? This is a guideline figure, and the actual amount you need will depend on a number of factors
Do you have enough savings or are you able to access a minimum 10% of the equity share you are buying, as a mortgage deposit? Or do you have the cash funds available to buy the share without a mortgage?

To be eligible you must be able to answer YES to the following questions:

Do you live and/or work in Hackney?

Are you at least 18 years of age?
Is your annual gross household income less than £90,000?
Are you a first time buyer, i.e. you don’t already own a home? If you do already own a home, have you accepted an offer from a buyer and in the process of selling it?
Are you unable to afford to buy a home suitable for your housing needs on the open market?
Do you have enough savings or are you able to access a minimum 10% of the equity share you are buying, as a mortgage deposit?

This property is being sold at a 50% initial share.

Potential buyers will be assessed for their eligibility by a specialist financial advisor for an affordability assessment. If they are successful in their assessment, and meet the affordable housing eligibility criteria required then you will be considered for the property.

You can register your interest for the property on this form:

https://docs.google.com/forms/d/e/1FAIpQLSfweZo3orD9CmqVIJWZUgq9jaHZSmBvqvjYgfhAB_97mrmVgg/viewform?usp=sf_link

We will be looking for a household income of approx £53,000. to meet the affordability of this property.

Service charges and reserve fund costs approx £2171 per annum. * (£180.90 PCM)

Rent based on sale share is £377.98 per month.

Assumed total monthly cost is £1426.00

Only those who meet the affordability requirements will be contacted.

All details contained in the above advert are subject to change.

You will need to be earning a guidance income of £60,494. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,125Total approximate savings required £23,125

Important borough specific eligibility criteria

Lambeth

Priority will go to applicants with a connection to Lambeth

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 £63,336. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,750. Total approximate savings required £22,750

Important borough specific eligibility criteria

Lambeth
All London applicants will be considered, with priority given to Lambeth applicants.

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 £44,798.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,425 .Total approximate savings required £20,425

Brent Borough Eligibility Criteria

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.