Eligibility
Following property viewings, applicants will be offered the opportunity to make an application to purchase the shared ownership property. Applicants will need to satisfy all the following criteria to be successful in their application to purchase a shared ownership property:
• • You must be at least 18 years old
• • Outside of London your annual household income must be less than £80,000
• • In London your annual household income must be less than £90,000
• • You should generally be a first-time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it (examples may include households who are separating or divorcing, or existing shared owners who are looking for a new property)
• • You must have the savings to cover a deposit and other associated purchase costs
• • You must be able to pass an independent affordability assessment that confirms you can afford the minimum % sale tranche for the property
• • You should not be able to afford to buy a home suitable for your housing needs on the open market
• • You must show you are not in mortgage or rent arrears
• • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Priority Criteria
If there is more than one eligible application for a property, then the following criteria (listed in priority order) will be used to rank applications:
1. Specific requirements set by the Local Authority where the property is subject to a s106 agreement or similar clause
2. Applicants who live or work in the Local Authority area of the property

Eligibility
Following property viewings, applicants will be offered the opportunity to make an application to purchase the shared ownership property. Applicants will need to satisfy all the following criteria to be successful in their application to purchase a shared ownership property:
• • You must be at least 18 years old
• • Outside of London your annual household income must be less than £80,000
• • In London your annual household income must be less than £90,000
• • You should generally be a first-time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it (examples may include households who are separating or divorcing, or existing shared owners who are looking for a new property)
• • You must have the savings to cover a deposit and other associated purchase costs
• • You must be able to pass an independent affordability assessment that confirms you can afford the minimum % sale tranche for the property
• • You should not be able to afford to buy a home suitable for your housing needs on the open market
• • You must show you are not in mortgage or rent arrears
• • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Priority Criteria
If there is more than one eligible application for a property, then the following criteria (listed in priority order) will be used to rank applications:
1. Specific requirements set by the Local Authority where the property is subject to a s106 agreement or similar clause
2. Applicants who live or work in the Local Authority area of the property

Eligibility
Following property viewings, applicants will be offered the opportunity to make an application to purchase the shared ownership property. Applicants will need to satisfy all the following criteria to be successful in their application to purchase a shared ownership property:
• • You must be at least 18 years old
• • Outside of London your annual household income must be less than £80,000
• • In London your annual household income must be less than £90,000
• • You should generally be a first-time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it (examples may include households who are separating or divorcing, or existing shared owners who are looking for a new property)
• • You must have the savings to cover a deposit and other associated purchase costs
• • You must be able to pass an independent affordability assessment that confirms you can afford the minimum % sale tranche for the property
• • You should not be able to afford to buy a home suitable for your housing needs on the open market
• • You must show you are not in mortgage or rent arrears
• • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Priority Criteria
If there is more than one eligible application for a property, then the following criteria (listed in priority order) will be used to rank applications:
1. Specific requirements set by the Local Authority where the property is subject to a s106 agreement or similar clause
2. Applicants who live or work in the Local Authority area of the property

Eligibility
Following property viewings, applicants will be offered the opportunity to make an application to purchase the shared ownership property. Applicants will need to satisfy all the following criteria to be successful in their application to purchase a shared ownership property:
• • You must be at least 18 years old
• • Outside of London your annual household income must be less than £80,000
• • In London your annual household income must be less than £90,000
• • You should generally be a first-time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it (examples may include households who are separating or divorcing, or existing shared owners who are looking for a new property)
• • You must have the savings to cover a deposit and other associated purchase costs
• • You must be able to pass an independent affordability assessment that confirms you can afford the minimum % sale tranche for the property
• • You should not be able to afford to buy a home suitable for your housing needs on the open market
• • You must show you are not in mortgage or rent arrears
• • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Priority Criteria
If there is more than one eligible application for a property, then the following criteria (listed in priority order) will be used to rank applications:
1. Specific requirements set by the Local Authority where the property is subject to a s106 agreement or similar clause
2. Applicants who live or work in the Local Authority area of the property

Eligibility
Following property viewings, applicants will be offered the opportunity to make an application to purchase the shared ownership property. Applicants will need to satisfy all the following criteria to be successful in their application to purchase a shared ownership property:
• • You must be at least 18 years old
• • Outside of London your annual household income must be less than £80,000
• • In London your annual household income must be less than £90,000
• • You should generally be a first-time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it (examples may include households who are separating or divorcing, or existing shared owners who are looking for a new property)
• • You must have the savings to cover a deposit and other associated purchase costs
• • You must be able to pass an independent affordability assessment that confirms you can afford the minimum % sale tranche for the property
• • You should not be able to afford to buy a home suitable for your housing needs on the open market
• • You must show you are not in mortgage or rent arrears
• • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Priority Criteria
If there is more than one eligible application for a property, then the following criteria (listed in priority order) will be used to rank applications:
1. Specific requirements set by the Local Authority where the property is subject to a s106 agreement or similar clause
2. Applicants who live or work in the Local Authority area of the property

Equity Share Scheme
Lincolnsfield, Squires Park, Bushey, Hertfordshire.

Hertsmere Borough Council Eligibility Criteria and Priorities

First Joint Priority
a) Resident in Hertsmere and currently a tenant of a Registered Social Landlord no minimum
period of residency required.
b) Armed Forces personnel living in Hertsmere or had lived in Hertsmere immediately before being posted elsewhere.
Second Priority
Current resident in Hertsmere in rented or other accommodation considered settled by the Council and on the Council’s Housing Register

Third Priority
Current resident in Hertsmere in rented or other accommodation considered settled by the Council.

Fourth Priority
Continuously employed within the Borough of Hertsmere for a minimum period of 6 months. The main place of employment is situated within the borough.

Fifth Priority
Have a close relative that lives in the Borough and has done so continuously for the last 12 months. Close relative is defined as parent, son, daughter, brother or sister. (Note if the connection is either an applicant's son or daughter, the son/daughter must be over 18 years of age) – Evidence of a local connection gained through family will be required in the form of birth certificates.

All the above must be first time buyers, not own any other property within the United Kingdom or abroad and this purchase will be their only residence

All the above must earn less than, or a maximum of, £80,000 per annum per household.

All applications must be approved and authorised by Hertsmere Borough Council.