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.

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.

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.

Priority will be offered to MOD personnel.

You will need to be earning a guidance income of £38,785. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,200. Total approximate savings required £15,200.

Important borough specific eligibility criteria

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 £44,798.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,425 .Total approximate savings required £20,425

Brent 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 £50,539.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx£12,500. Total approximate savings required £16,500.

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.

As a guide you will need to have a household income of at least £54,902. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,450. Total approximate savings required £16,450.

Wandsworth

Priority given to people who live/work in the borough.

Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a 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

As a guide you will need to have a household income of at least £ 79,855. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 5% deposit approx. £ 22,000. Total approximate savings required £26,000

Wandsworth

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 £75,083. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,625. Total approximate savings required £18,625.

Please note if your expected deposit is higher than 10% the required household income can be reduced - for more information please call 020 8548 2148.

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.