Priority will be offered to MOD personnel.

You will need to be earning a guidance income of £60,711. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,000.Total approximate savings required £15,000.

Important borough specific eligibility criteria:

Tower Hamlets

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 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 40% minimum share you will need a minimum joint household income of £69434 and available savings of £9400 for a 5% mortgage deposit.

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 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 £6,750.
• 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 £6,720.
• 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 will need to be earning a guidance income of £70,500. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 5% deposit approx. £6,750.

Applicant living or working in the borough of Tower Hamlets will be given priority.

Household income must be under £90,000 to be eligible for one, two and three-bedroom apartments.

Shared Ownership Scheme

You may be eligible for this property if:

• Your income is £90,000 a year or less.
• You are a first-time buyer, you used to own a home but can't afford to buy one now, or you are an existing owner looking to sell.
• You are able to purchase a minimum share of 25% up to a maximum share of 75% (options to staircase to 100% ownership can be explored one year after completion)
• You do not own any other property within the UK or abroad. (You will need to sell any existing property owned before buying through the shared ownership scheme.)

• 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.