You will need to be earning a guidance income of £61,932. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £17,400. Total approximate savings required £21,400.

Important borough specific eligibility criteria

London borough of Lambeth
All London applicants will be considered with preference given to those who are living and/or working 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.

You will need to be earning a guidance income of £85,253. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £37,500. Total approximate savings required £41,500.

Important borough specific eligibility criteria

Lambeth

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.

You may be eligible for this property if:

• £82,143 minimum household income
• 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 can buy a resale home through Shared Ownership if:
Buying in London: You have a gross household income of no more than £90,000 per annum and you can purchase a property of any bedroom size.
Buying outside of London: You have a gross household income of no more than £80,000 per annum and you can purchase a property of any bedroom size.
You are a first-time buyer (or you used to own a home, but can’t afford to buy one now).
We will assess every application on an individual basis and our sales consultants will help you through the process.
Where there are multiple customers looking to purchase a home, we will give priority in the first instance to the priority groups, and then on a first come, first served basis.

Top level of priority groups:
People currently living in social housing.
People in the armed forces.
People who have local connections to the area.

You will need to be earning a guidance income of £56,768. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,000. Total approximate savings required £24,000.

Important borough specific eligibility criteria

Lambeth
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.

You will need to be earning a guidance income of £73,687. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £25,000. Total approximate savings required £29,000

Important borough specific eligibility criteria

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.

Eligibility

We estimate you’ll need a guidance income of around £60,000 with access to around £4,000 to cover your buying costs and a deposit, usually 10% of the share (£18,000).

Important borough specific eligibility criteria

Lambeth

Applicants must be earning under £90,000 to be eligible. 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.

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 have an income greater than £ 76000

You will need to be earning a guidance income of £53,037.00. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £23,000. Total approximate savings required £27,000

Important borough specific eligibility criteria

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 £53,998. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,800. Total approximate savings required £20,800

Important borough specific eligibility criteria

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 £54,633. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,800. Total approximate savings required £20,800

Important borough specific eligibility criteria

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 £39,744. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,625. Total approximate savings required £13,625

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 will need to be earning a guidance income of £62,393 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,625 Total approximate savings required £16,625

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 will need to be earning a guidance income of £51,041. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,125. Total approximate savings required £16,125.

Important borough specific eligibility criteria

Lambeth

All London applicants will be considered with preference given to those who are currently living and working within 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.

• Equity loans are available to first time buyers as well as homeowners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000.
• You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with a Help to Buy: Equity Loan.

You will need to be earning a guidance income of £53,313. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,200. Total approximate savings required £23,200.

Important borough specific eligibility criteria

Southwark
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.

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.