As a guide you will need to have a household income of at least £72,955 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,500. Total approximate savings required £23,500

Important borough specific eligibility criteria

Borough of Lambeth

All London 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.

As a guide you will need to have a household income of at least £53,134.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,700.Total approximate savings required £14,700.

Important borough specific eligibility criteria

Borough of Lambeth

All London 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 £58,145. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,500. Total approximate savings required £15,500.

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.

As a guide you will need to have a household income of at least £77,299. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £25,000. Total approximate savings required £29,000

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.

As a guide you will need to have a household income of at least ££68,438.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,000.Total approximate savings required £23,000.

Southwark Borough Eligibility Criteria

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.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

Minimum age
18 years
Live or work in
Southwark

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

You will need to be earning a guidance income of £37,241. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£9,250.Total approximate savings required £13,250.

Important borough specific eligibility criteria: Borough of Wandsworth

Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number.

Applicants must be earning under£90,000to 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.

As a guide you will need to have a household income of at least £58,341. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,000. Total approximate savings required £19,000.

Southwark Borough Eligibility Criteria

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.

As a guide you will need to have a household income of at least £69,960. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,600. Total approximate savings required £23,600.

Southwark Borough Eligibility Criteria

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.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change.

** This home can also be purchased outright (100% of the value) which is £510,000 and a purchaser would not need to meet the eligibility criteria listed above.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.

Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.