As a guide you will need to have a household income of at least £40,828.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 Barnet

All London applicants will be considered. However, those living and working in the Barnet 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.

Local Connection Criteria

Applications for the remaining properties at Crown Drive have now cascaded to the county level. If you hold a connection to the county of Cornwall as defined by the Local Connection Criteria detailed below, you can now apply for one of our homes in Goonhavern.

Coastline Housing are responsible for approving your local connection and we will need to have all evidence of this before an offer of a property will be made.

To meet the local connection criteria for this scheme, you will need to meet one of the following:

a) being permanently resident in the Parish of Perranzabuloe therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or

b) being formerly permanently resident therein for a continuous period of at least five (5) years; or

c) having his or her place of permanent work (normally regarded as 16 hours or more a week and not including seasonal or casual employment) therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or

d) having a connection through a close family member (normally mother, father, brother, sister, son or daughter) where the family member is currently resident therein and has been so for a continuous period of at least five (5) years immediately prior to the date of a Housing Application and where there is independent evidence that the family member is in need of or can give support for the foreseeable future or on an ongoing basis.

*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.

**Priority will be given to applicants that hold a local connection to the Parish of Perranzabuloe.

Shared Ownership

To be eligible for Shared Ownership you will need to meet certain requirements set by Homes England and the Greater London Authority (GLA). You could be eligible for Shared Ownership if:

You are at least 18 years old
You cannot afford to buy a home that suits your household’s needs on the open market
You have savings to cover a mortgage deposit and can obtain a mortgage
You are a first-time buyer
If you already own a home and need to move but cannot afford to – or you have equity from a recent sale – please contact us, as there are some circumstances under which you may still be eligible. In some cases, due to criteria set by local authorities, you may be asked to show a connection to the local area where you’re looking to buy. For instance, you might currently live and/or work there.

Applicants with a household annual gross income in excess of £90,000 are not eligible for Shared Ownership in this area.

Speak to a member of our sales team if you have any doubts. Before you purchase a Shared Ownership home, we will put you in touch with anindependent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

· Household minimum income must be above £27,499

You may be eligible for this property if:

• You have a gross household income of no more than £80,000 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 £80,000 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.