As a guide you will need to have a household income of at least £63,697. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 5% deposit approx. £10,250. Total approximate savings required £14,250.

Important borough specific eligibility criteria

Royal Borough of Kensington & Chelsea

Only Available to Applicants Living or Working in Kensington and Chelsea.

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.

Applicants must be earning under £90,000 to be eligible.

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(s) ready to exchange.

You will need to be earning a guidance income of £52,840. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,125. Total approximate savings required £23,125

Important borough specific eligibility criteria:

London 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. This property will only be allocated to registered applicants for a minimum of eight weeks.

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 £57,998. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,800.Total approximate savings required £20,800.

Important borough specific eligibility criteria:

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. This property will only be allocated to registered applicants for a minimum of eight weeks.

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.

Open to applicants from all Boroughs, but priority is given to those who live or work in the London Borough of Southwark.

Eligibility

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 £50986 and available savings of £13500 for a 10% mortgage deposit.

To be eligible to apply for this property, you must:

• Be registered with Home Ownership Westminster*
• Have lived or worked in Westminster continuously for at least the last year
• Be a first time buyer or you will have sold any property you owned in the UK or abroad prior to completing on a property in Westminster
• Not exceed the maximum household income threshold of £90,000

*Applicants who are not currently registered can complete their registration using the link below:

https://www.homeownershipwestminster.co.uk/register