To be eligible for a home at East River Wharf, you'll need to:

• Have a combined household income under £90,000 per annum
• Not own a property, or part of a property, at the time of completing on your purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

To be eligible for a home at East River Wharf, you'll need to:

• Have a combined household income under £90,000 per annum
• Not own a property, or part of a property, at the time of completing on your purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

To be eligible for a home at East River Wharf, you'll need to:

• Have a combined household income under £90,000 per annum
• Not own a property, or part of a property, at the time of completing on your purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

To be eligible for a home at East River Wharf, you'll need to:

• Have a combined household income under £90,000 per annum
• Not own a property, or part of a property, at the time of completing on your purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

To be eligible for a home at East River Wharf, you'll need to:

• Have a combined household income under £90,000 per annum
• Not own a property, or part of a property, at the time of completing on your purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Am I eligible?

Eligibility to buy a home using Shared Ownership at Leaside Lock is governed by the Greater London Authority and the Local Authority Tower Hamlets.

You need to be over 18 and resident in the UK.

Must live or work in the local area. Priority given to MOD personnel.

As a guide you will need to have a household income of at least £68,333.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.

Important borough specific eligibility criteria

Tower Hamlets

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.

Shared Ownership Scheme

You may be eligible for this property if:

• Your income is £90,000 a year or less.
• You are a first-time buyer, you used to own a home but can't afford to buy one now, or you are an existing owner looking to sell.
• You are able to purchase a minimum share of 25% up to a maximum share of 75% (options to staircase to 100% ownership can be explored one year after completion)
• You do not own any other property within the UK or abroad. (You will need to sell any existing property owned before buying through the shared ownership scheme.)

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 40% minimum share you will need a minimum joint household income of £69434 and available savings of £9400 for a 5% mortgage deposit.

As a guide you will need to have a household income of at least £52,417. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,500. Total approximate savings required£14,500.

Important borough specific eligibility criteria

Newham

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 £61,775. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,675. Total approximate savings required£22,675.

Important borough specific eligibility criteria

Newham

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 £80,500. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,250. Total approximate savings required£20,250.

Important borough specific eligibility criteria

Newham

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.

* Household income must not exceed £90,000

* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)

* No cash buyers

* Pets Allowed on licence

* Applicants must be able to afford their purchase and sustain their housing costs

* Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

* Applicants must be unable to purchase a property suitable to meet their needs on the open market

* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.

* Household income must not exceed £90,000

* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)

* No cash buyers

* Pets Allowed on licence

* Applicants must be able to afford their purchase and sustain their housing costs

* Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

* Applicants must be unable to purchase a property suitable to meet their needs on the open market

* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.