Please note that there is a local connection required to Devon. Please contact Sara for further information.

Please note that there is a local connection required to Devon. Please contact Sara for further information.

Please note that there is a local connection required to Devon. Please contact Sara for further information.

Please note that there is a local connection required to Devon. Please contact Sara for further information.

Please note that there is a local connection required to Devon. Please contact Sara for further information.

Over 60's only

Over 60's Only -Leasehold Scheme for the Elderly (LSE) property

A) At the time of birth was resident in the parish or

B) was a resident for at least 10 out of the first 16 years of life in the parish or

C) Has been ordinarily resident within the parish for at least 3 years of the immediately preceding 10 years or

D) Has been employed in the parish for at least 3 of the immediately preceding 10 years

Please note there is a local connection to the Borough of West Devon

Having a local connection in this instance is defined as one of the following:

a) Lives in settlement

b) Permanent work in settlement

c) Previously lived in settlement for 5 out of the last 10 years

d) Family have lived in settlement and have done so for 5+ years.

Applicants will be required to provide evidence that they currently live or work in one of the above areas.

A successful application must have a local connection to West Devon

1. Lives in settlement

2. Permanent work in settlement

3. Previously lived in settlement for 5 out of the last 10 years

4. Family have live in settlement and have done so for 5+ years.

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £100,000 per annum

· You have a deposit (at least 10% 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 are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £100,000 per annum

· You have a deposit (at least 10% 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 are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £100,000 per annum

· You have a deposit (at least 10% 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 are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £100,000 per annum

· You have a deposit (at least 10% 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 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 £69,031

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 £75,246

Be eligible for the shared ownership scheme

Can demonstrate you meet the minimum income requirements

Can demonstrate a deposit sufficient to obtain a mortgage for the property

Have a local connection to the area

Be eligible for the shared ownership scheme

Can demonstrate you meet the minimum income requirements

Can demonstrate a deposit sufficient to obtain a mortgage for the property

Have a local connection to the area

Who is it for?

• As long as you are over 18
• Your household income is less than £80,000
• And you don’t already own a home at the time of buying your Shared Ownership property
  … then Shared Ownership could be right for you

Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.