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.

As a guide you will need to have a household income of at least £67,148. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £25,500. Total approximate savings required £29,500.

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.

You will need to be earning a guidance income of £47,500. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,625.Total approximate savings required £13,625

Important Borough Specific Eligibility Criteria

Borough of Tower Hamlets

Applicants from all London boroughs will be considered, with priority given to Tower Hamlets applicants.

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.

As a guide you will need to have a household income of at least £60,043. 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

Southwark

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.

As a guide you will need to have a household income of at least £75,768.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,250. Total approximate savings required £19,250.

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.

As a guide you will need to have a household income of at least £64,371.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

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.

· Live and/or Work in the London borough of Southwark

· Household income below £90,000

· Currently do not own any property.

Applicants with a local connection within the Gravesham area prioritised

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 £475,000 and a purchaser would not need to meet the eligibility criteria listed above.