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 £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.

Are you eligible for a Shared Ownership home?

Eligibility will vary depending on which property you are looking at purchasing, the property size and whether there are any criteria imposed by the local authority.

• General Shared Ownership eligibility criteria
• You must be aged 18 or older.
• Your annual household income if buying outside of London must be less than £80,000.
• Your annual household income if buying in London must be less than £90,000.
• You will normally be a first time buyer or be in the process of selling your home. You must not own any other property at the time you buy your new home.
• You should not be able to afford to buy a home on the open market which is suitable for your housing needs.
• You must be able to show you are not in rent or mortgage arrears.
• You must be able to demonstrate that you have a good credit history (no County Court Judgements or bad debts) and can afford the costs and regular payments involved in buying a home.

Please note: You should always check the eligibility required with the specific development, as there may be specific criteria.

Priority for Shared Ownership:
In some instances priority for Shared Ownership properties can be given to applicants:

• That work for the Armed Forces / Minsitry of Defence.
• Who are council and housing association tenants.
• Who live or work in the borough in which the property is located over those who currently live or work outside it.
• On some developments, secondary priority is given to applicants who live or work in the neighbouring borough

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £39,400*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

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.)

• Max income per house per year is £90,000.
• Not own any other properties.

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.

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.

Maximum incomes and further eligibility requirements may vary for each scheme. 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 an independent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.

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.

Maximum incomes and further eligibility requirements may vary for each scheme. 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 an independent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.

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.