Shared Ownership eligibility

Age

You must be at least 18 years old.

Income and finances

You must have a total household income of £80,000 a year or less.

Your income must be enough so you can pay your:

• mortgage
• rent
• service charge

When you are buying your share, you must have enough money to pay:

• reservation fee
• deposit
• legal and other fees, like getting the property valued

Home ownership status

You must be a first-time buyer or unable to buy a suitable property on the open market and not already own a property.

If you own a home, you must sell it before you buy a home through Shared Ownership.