Eligibility

You may be eligible for this property if:

· Register your interest (pink button on the right)

· Have a passed initial financial assessment with one of the below companies:

SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)

TMP The Mortgage People (tmpmortgages.co.uk)

Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)

· You have a gross household income of no more than £90000 per annum when eligible to purchase.

· Live or work in the borough

· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)

· You do not already own a home, or you will have sold your current home before you purchase or rent.

· To purchase this 25% minimum share you will need a minimum joint household income of £50986 and available savings of £13500 for a 10% mortgage deposit.

The minimum single income required is £60,000 per annum

The minimum joint household income required is £53,000 per annum

You will need to be earning a guidance income of £73,500.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,750.Total approximate savings required £17,750.

Important borough specific eligibility criteria

Enfield

All London applicants will be considered. However, those living and working in the borough of Enfield 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 £56,596.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,000.Total approximate savings required £20,000.

Important borough specific eligibility criteria

Enfield

All London applicants will be considered. However, those living and working in the borough of Enfield 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.

To be eligible to purchase a Pocket home at this scheme, buyers will need to:

• Have a household income of no more than £90,000 per annum
• Not currently own any property
  
  

To be eligible to purchase a Pocket home at this scheme, buyers will need to:

• Have a household income of no more than £90,000 per annum
• Not currently own any property
  
  

To be eligible to purchase a Pocket home at this scheme, buyers will need to:

• Have a household income of no more than £90,000 per annum
• Not currently own any property
• Blue badge holder

To be eligible to purchase a Pocket home at this scheme, buyers will need to:

• Live or work in a London borough
• Have a household income of no more than £90,000 per annum
• Not currently own any property
• Require wheelchair accessible housing

You will need to be earning a guidance income of £68,402. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,900. Total approximate savings required £22,900.

Important borough specific eligibility criteria

Borough of Tower Hamlets
All London applicants will be considered. However, those living and working in the borough of Tower Hamlets 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 £58,782. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,800. Total approximate savings required £19,800.

Important borough specific eligibility criteria

Borough of Tower Hamlets
All London applicants will be considered. However, those living and working in the borough of Tower Hamlets 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.