You can contact us online, by email or by telephone to register, or make an enquiry using the ‘contact us’ page on this website. We will normally be able to accept your application to purchase a Shared Ownership property if you fulfil the following criteria:
We believe it’s important not to encourage people to take on Shared Ownership if they cannot realistically afford it. For this reason, we have set minimum income levels for as a guide for applicants as shown below:
Single Applicants £18,000 per annum
Joint Applicants £23,000 per annum
If you are able to put a large cash sum towards a purchase you may qualify with a lower income. Please remember that these figures are a guide to the minimum income levels required to apply to purchase through the Shared Ownership scheme. For most of the new properties that we develop, buyers will need incomes in excess of the minimum levels stated above.
If you want to purchase a Shared Ownership home you will need savings. This money will be required to cover legal fees, other professional fees and any stamp duty.
The minimum amount required is between £3,000 – £4,000.
Again, this is a minimum figure. If you were to buy a new property in a high-value area, you would be likely to require access to
additional savings.You will also need to be registered with your local HomeBuy Agent.Information on how to apply can be found at www.homebuy.co.uk