· You have a gross household income of no more than £90,000 per annum when eligible to purchase.

· 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.

· You live or work in the property’s area

· To purchase this 25% minimum share you will need an average minimum joint household income of £56,401 and available savings of £10,375 for a 10% mortgage deposit.

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

· Household minimum income must be above £12,000

* 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.

Are you eligible for a Shared Ownership home?

Eligibility will vary depending on which property you are looking at purchasing, the property size and whether there are any criteria imposed by the local authority.

General Shared Ownership eligibility criteria

• You must be aged 18 or older.
• Your annual household income if buying outside of London must be less than £80,000.
• Your annual household income if buying in London must be less than £90,000.
• You will normally be a first time buyer or be in the process of selling your home. You must not own any other property at the time you buy your new home.
• You should not be able to afford to buy a home on the open market which is suitable for your housing needs.
• You must be able to show you are not in rent or mortgage arrears.
• You must be able to demonstrate that you have a good credit history (no County Court Judgements or bad debts) and can afford the costs and regular payments involved in buying a home.

Please note: You should always check the eligibility required with the specific development, as there may be specific criteria.

Priority for Shared Ownership:
In some instances, priority for Shared Ownership properties can be given to applicants:

• That work for the Armed Forces / Ministry of Defence.
• Who are council and housing association tenants.
• Who live or work in the borough in which the property is located over those who currently live or work outside it.
• On some developments, secondary priority is given to applicants who live or work in the neighbouring borough

As a guide you will need to have a household income of at least £66,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £24,000. Total approximate savings required £28,000.

Important borough specific eligibility criteria

All London Applicants will be considered, with priority given to Haringey 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.

As a guide you will need to have a household income of at least £54,182. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £21,250. Total approximate savings required £25,250.

Important borough specific eligibility criteria

All London Applicants will be considered, with priority given to Haringey 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.

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.

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.

Eligibility

To be eligible you must live or work in the following London Boroughs of Lewisham, Bexley, Bromley, Lewisham and Southwark. Income caps apply.

You must not earn more than £90K.

Terms & Conditions apply.

Eligibility

To be eligible you must live or work in the following London Boroughs of Lewisham, Bexley, Bromley, Lewisham and Southwark. Income caps apply.

You must not earn more than £90K.

Terms & Conditions apply.

Eligibility

To be eligible you must live or work in the following London Boroughs of Lewisham, Bexley, Bromley, Lewisham and Southwark. Income caps apply.

You must not earn more than £90K.

Terms & Conditions apply.