You may be eligible for this property if:

· You have a gross household income of no more than £90,000 per annum when eligible to purchase.

· 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 purchase this 25% minimum share you will need a minimum joint household income of £59424 and available savings of £8438 for a 5% mortgage deposit.

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 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 £12,000

You will need to be earning a guidance income of £85,722. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,825. Total approximate savings required £24,825.

Important borough specific eligibility criteria

Lambeth

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 £ 39,841. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £ 9750. Total approximate savings required £13,750.

Important borough specific eligibility criteria

Wandsworth

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 25% minimum share you will need a minimum joint household income of £61606 and available savings of £6250 for a 5% mortgage deposit.

As a guide you will need to have a household income of at least £57,490. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,250.Total approximate savings required £23,250.

Important Borough Specific Eligibility Criteria

Lambeth

All applicants will be considered however, those living and working in the Lambeth 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.

You will need to be earning a guidance income of £57,385.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,600. Total approximate savings required £19,600.

Important borough specific eligibility criteria

Southwark

All London Applicants will be considered, with priority given to Southwark 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.

You will need to be earning a guidance income of £73,266. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,600. Total approximate savings required £19,600

Important borough specific eligibility criteria

Borough of Southwark
All London applicants will be considered. However, those living and working in Southwark 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.

You will need to be earning a guidance income of £61,517. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,400. Total approximate savings required £20,400.

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.