When considering eligibility for Shared Ownership properties, the scheme is available to those looking to own their own home but are unable to purchase on the open market. If you meet the following criteria, you are considered eligible to buy through Shared Ownership.

• You must not currently own a property in the UK or overseas
• Your annual household income must not exceed £90,000
• You are a British or EU Citizen, or you have the right to remain in the UK
• You must be over 18 if you are applying for a mortgage
• You must have sufficient savings in addition to your deposit to cover the cost of legal fees and mortgage arrangement

When considering eligibility for Shared Ownership properties, the scheme is available to those looking to own their own home but are unable to purchase on the open market. If you meet the following criteria, you are considered eligible to buy through Shared Ownership.

• You must not currently own a property in the UK or overseas
• Your annual household income must not exceed £90,000
• You are a British or EU Citizen, or you have the right to remain in the UK
• You must be over 18 if you are applying for a mortgage
• You must have sufficient savings in addition to your deposit to cover the cost of legal fees and mortgage arrangement

When considering eligibility for Shared Ownership properties, the scheme is available to those looking to own their own home but are unable to purchase on the open market. If you meet the following criteria, you are considered eligible to buy through Shared Ownership.

• You must not currently own a property in the UK or overseas
• Your annual household income must not exceed £90,000
• You are a British or EU Citizen, or you have the right to remain in the UK
• You must be over 18 if you are applying for a mortgage
• You must have sufficient savings in addition to your deposit to cover the cost of legal fees and mortgage arrangement

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 £90,000.
• 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.

** This home can also be purchased outright (100% of the value) which is £510,000 and a purchaser would not need to meet the eligibility criteria listed above.

• You have a gross household income of no more than £90,000 per annum.
• You will need access to savings of at least £4,000 to cover the cost of buying the home.
• A minimum 5% deposit
• 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.
• Applicant living or working in the borough of Tower Hamlets will be given priority
  
  

• You have a gross household income of no more than £90,000 per annum
• You will need access to savings of at least £4,000 to cover the cost of buying the home
• A minimum 5% deposit
• 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
• Applicant living or working in the borough of Tower Hamlets will be given priority
  
  

• You have a gross household income of no more than £90,000 per annum
• You will need access to savings of at least £4,000 to cover the cost of buying the home
• A minimum 5% deposit
• 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
• Applicant living or working in the borough of Tower Hamlets will be given priority

• You have a gross household income of no more than £90,000 per annum.
• You will need access to savings of at least £4,000 to cover the cost of buying the home.
• A minimum 5% deposit approx £5,707.
• 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.
• Applicant living or working in the borough of Tower Hamlets will be given priority.
  
  

• You have a gross household income of no more than £90,000 per annum
• You will need access to savings of at least £4,000 to cover the cost of buying the home
• A minimum 5% deposit
• 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
• Applicant living or working in the borough of Tower Hamlets will be given priority

• You have a gross household income of no more than £90,000 per annum
• You will need access to savings of at least £4,000 to cover the cost of buying the home
• A minimum 5% deposit
• 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
• Applicant living or working in the borough of Tower Hamlets will be given priority

• You have a gross household income of no more than £90,000 per annum
• You will need access to savings of at least £4,000 to cover the cost of buying the home
• A minimum 5% deposit
• 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
• Applicant living or working in the borough of Tower Hamlets will be given priority

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.

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.