Shared Ownership

To be eligible for Shared Ownership you will need to meet certain requirements set by Homes England and the Greater London Authority (GLA). You could be eligible for Shared Ownership if:

You are at least 18 years old
You cannot afford to buy a home that suits your household’s needs on the open market
You have savings to cover a mortgage deposit and can obtain a mortgage
You are a first-time buyer
If you already own a home and need to move but cannot afford to – or you have equity from a recent sale – please contact us, as there are some circumstances under which you may still be eligible. In some cases, due to criteria set by local authorities, you may be asked to show a connection to the local area where you’re looking to buy. For instance, you might currently live and/or work there.

Applicants with a household annual gross income in excess of £90,000 are not eligible for Shared Ownership in this area.

Speak to a member of our sales team if you have any doubts. Before you purchase a Shared Ownership home, we will put you in touch with anindependent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.

Shared Ownership

To be eligible for Shared Ownership you will need to meet certain requirements set by Homes England and the Greater London Authority (GLA). You could be eligible for Shared Ownership if:

You are at least 18 years old
You cannot afford to buy a home that suits your household’s needs on the open market
You have savings to cover a mortgage deposit and can obtain a mortgage
You are a first-time buyer
If you already own a home and need to move but cannot afford to – or you have equity from a recent sale – please contact us, as there are some circumstances under which you may still be eligible. In some cases, due to criteria set by local authorities, you may be asked to show a connection to the local area where you’re looking to buy. For instance, you might currently live and/or work there.

Applicants with a household annual gross income in excess of £90,000 are not eligible for Shared Ownership in this area.

Speak to a member of our sales team if you have any doubts. Before you purchase a Shared Ownership home, we will put you in touch with anindependent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.

Priority will be offered to MOD personnel.

Priority will be offered to MOD personnel.

Priority will be offered to MOD personnel.

Priority will be offered to MOD personnel

Priority will be offered to MOD personnel.

Priority will be offered to MOD personnel.

Priority will be offered to MOD personnel.

Priority will be offered to MOD personnel.

You will need to be earning a guidance income of £60,711. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,000.Total approximate savings required £15,000.

Important borough specific eligibility criteria:

Tower Hamlets

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.

Shared Ownership is subject to availability and qualifying criteria. You may be eligible 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.

Open to all boroughs.

Shared Ownership is subject to availability and qualifying criteria. You may be eligible 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.

Open to all boroughs.

Shared Ownership is subject to availability and qualifying criteria. You may be eligible 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.

Open to all boroughs.

As a guide you will need to have a household income of at least £55,868. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,175. Total approximate savings required £18,175.

Important borough specific eligibility criteria

Hackney
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 £79,000. 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

Tower Hamlets

Priority will be given to Tower Hamlets 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 £53,928. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,500

Total approximate savings required £13,500

Important borough specific eligibility criteria

Tower Hamlets

Priority will be given to Tower Hamlets 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.