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.

At Lightfield you can buy a minimum 30% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

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.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

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 £80,000.
• 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 £190,000 and a purchaser would not need to meet the eligibility criteria listed above.

To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.

* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.

** Buying fees will occur. Purchasers will be required to pay 5 weeks rental payment to secure the home.

^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.

^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.

^^^Purchase price may change from the advertised price at point of rental agreement.

*** These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Citra’s privacy notice can be viewed on their website https://www.citra.co.uk/privacy-notice/

To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.

* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.

** Buying fees will occur. Purchasers will be required to pay a £100 holding fee and 5 weeks rental payment to secure the home.

^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.

^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.

^^^Purchase price may change from the advertised price at point of rental agreement.

*** These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Citra’s privacy notice can be viewed on their website https://www.citra.co.uk/privacy-notice/

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.

At Heritage Grange you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for this shared ownership scheme you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• 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.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.

* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.

** Buying fees will occur. Purchasers will be required to pay 5 weeks rental payment to secure the home.

^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.

^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.

^^^Purchase price may change from the advertised price at point of rental agreement.

*** These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Citra’s privacy notice can be viewed on their website https://www.citra.co.uk/privacy-notice/

To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.

* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.

** Buying fees will occur. Purchasers will be required to pay a £100 holding fee and 5 weeks rental payment to secure the home.

^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.

^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.

^^^Purchase price may change from the advertised price at point of rental agreement.

*** These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Citra’s privacy notice can be viewed on their website https://www.citra.co.uk/privacy-notice/

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 £315,000 and a purchaser would not need to meet the eligibility criteria listed above.

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.

At Manor View you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• 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.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

To be eligible for this scheme you must not own another property and, reside in the UK and be able to obtain a mortgage with Halifax for the minimum 25% share.

* Subject to checks and eligibility. Purchasers will be required to enter into a 1 year tenancy with no break clause. They can start the process of purchasing after the initial 3 month rent has expired.

** Buying fees will occur. Purchasers will be required to pay a £100 holding fee and 5 weeks rental payment to secure the home.

^Dependant on lender requirements and purchasers will only be able to use Halifax for their mortgage application for this product.

^^ Service charges are estimated and may subject to change. Purchasers will not have to pay a service charge whilst renting, it will only apply after they purchase a share of the home at which point you will be responsible for 100% of the service charge fee each month.

^^^Purchase price may change from the advertised price at point of rental agreement.

*** These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property

… then Shared Ownership could be right for you

Local Connection requirement to Hart District Council.

Am I eligible?

Eligibility to buy a home using Shared Ownership at Leaside Lock is governed by the Greater London Authority and the Local Authority Tower Hamlets.

You need to be over 18 and resident in the UK.