How we select buyers

We aim to sell to those who are able to afford the cost of shared ownership but can’t buy a suitable home on the open market in the area required. The amount you need to be earning will depend on the property you want to buy. It will also be affected by property prices, the equity for sales and in certain cases, the local authority’s policy. If you seem to meet our conditions you will need to have a financial interview. This will decide whether you qualify. You also need to be 18 or over to be able to get a mortgage.

We will be able to consider applications from people who have already owned their home if:

  • They owned a home with a partner and that relationship broke down and need to move out of the joint home
  • They need to move into an area because of their job and can’t afford to buy outright
  • They are shared owners whose income has fallen and they could only stay as home owners by moving to a smaller, cheaper home
  • They are shared owners whose family has grown but who still can’t afford to buy outright
  • They are living in unsatisfactory rented accommodation or able to prove their housing needs
  • We will always give priority to people who will leave behind an empty council or housing association rented home.

Our offer of a home depends on the applicant giving us accurate information. We may withdraw any offer if information is found to be misleading or incorrect. If there is a dispute, you are required to follow our complaints procedure.

The Data Protection Act 1998 gives you the right to see any information we hold about you on our computer system.