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How much do I need to earn to qualify for shared ownership?

There is no formula for this: it will depend on the full market cost of the property that you are interested in and the percentage share available to buy.

The share available to buy may be 25%, 30%, 50%, or even 70%. The percentage share available to buy will always be advertised on the property advert.

For example, if you are looking at a property with a full market value of £270,000 and the share percentage available to buy is 25%, the share available for you to buy will cost £67,500. You will be assessed to establish if this share is affordable for you.

 

How we can help

If you are interested in a property, register your interest with us.

The independent financial adviser that does your financial assessment will be able to tell you whether you earn enough to buy the share.

 

Where can I look at the properties you have to sell?

We have a number of properties available to buy:

  • Private sale (where you buy all of the property at full market price);
  • Shared ownership (where you buy a percentage of the property and pay rent on the remainder), and
  • Equity loan (a loan that acts as a deposit and must be repaid on the sale of the property, or earlier).

Please check the sites below:

Share to Buy  

Homes for Londoners

Help to Buy

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