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   What are the eligibility requirements for a shared ownership home?

   • For those looking to buy a Shared Ownership home, there are some eligibility requirements that must be met. The general eligibility criteria for Shared Ownership is as follows: You must be at least 18 years old. Outside of London your annual household income must be less than £80,000.

   Shared Ownership Eligibility - Share to Buy

   www.sharetobuy.com/guides-and-faqs/shared-ownership-eligibility/

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   Who is eligible for shared ownership?

   • While Shared Ownership aims to help first time buyers take those first steps on to the property ladder, the scheme is actually available to anyone (including second steppers, upsizers and downsizers) as long as they meet the eligibility criteria.

   Shared Ownership Eligibility - Share to Buy

   www.sharetobuy.com/guides-and-faqs/shared-ownership-eligibility/

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   What is the income limit for shared ownership?

   • The income limit for shared ownership is intended to help those who can’t afford a home independently. General Rule: Your total household income should not exceed £80,000 annually. In London, the limit increases to £90,000. Combined Income: If buying with someone else, your combined income should still remain within these limits.

   A Guide to Shared Ownership Eligibility and Requirements

   www.guinnesshomes.co.uk/blog/buying-guides/a-guide-to-shared-ownership-eligibility-and-requirements/

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   What is shared ownership & how does it work?

   • Shared ownership is a scheme that helps people buy a home if they can’t afford the full price. You buy a share of your home, usually between 25% and 75%, and pay rent on the rest. It can be a great option if you want to get a foot on the property ladder. What is the eligibility criteria for Shared Ownership?

   A Guide to Shared Ownership Eligibility and Requirements

   www.guinnesshomes.co.uk/blog/buying-guides/a-guide-to-shared-ownership-eligibility-and-requirements/

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   Can I buy a shared ownership home?

   • To be able to purchase a Shared Ownership home, you’ll need to meet certain affordability and eligibility requirements. We would also recommend speaking with a financial advisor to discuss your options. To discuss your finances further, you may wish to contact a specialist mortgage broker. Can I run a business from my Shared Ownership home?

   Shared Ownership Eligibility - Share to Buy

   www.sharetobuy.com/guides-and-faqs/shared-ownership-eligibility/

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   Can I buy a shared ownership home if I'm 55?

   • When you buy a shared ownership home, you must have: You must have completed the sale of your home on or before the date you complete buying your shared ownership home. If you’re aged 55 or over at the time of buying the home, you can buy up to a 75% share through the Older Persons Shared Ownership (OPSO) scheme.

   Shared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk/shared-ownership-scheme/who-can-apply

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2. www.gov.uk › shared-ownership-schemeShared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk › shared-ownership-scheme

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   When you buy a home through shared ownership, you: buy a share between 10% and 75% of the home’s full market value. pay rent to the landlord for the share they own. usually pay monthly ground...

3. www.gov.uk › shared-ownership-scheme › who-can-applyShared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk › shared-ownership-scheme › who-can-apply

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   When you buy a shared ownership home, you must have: formally accepted an offer for the sale of your current home (called ‘sold subject to contract’ or ‘STC’) written confirmation of the sale...

4. Videos

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     Shared Ownership Eligibility - Share to Buy

     7 May 2019

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     Shared Ownership Eligibility | by Explain Mortgages

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     Shared Ownership Eligibility | L&Q Homes

     6 Nov 2019

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5. www.gov.uk › government › publicationsThe Right to Shared Ownership: A guide for tenants - GOV.UK

   www.gov.uk › government › publications

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   Dec 22, 2022 · you meet the Shared Ownership eligibility requirements, including the income requirement (currently an annual gross household income of £80,000 or less outside of London, or £90,000 or less...

6. www.guinnesshomes.co.uk › blog › buying-guidesA Guide to Shared Ownership Eligibility and Requirements

   www.guinnesshomes.co.uk › blog › buying-guides

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   Oct 10, 2024 · What is the eligibility criteria for Shared Ownership? To qualify for shared ownership, you must meet certain criteria. These aim to ensure that those who need assistance the most can access it. Basic Eligibility Criteria. Age: You must be at least 18 years old. Income: Your household income should not exceed £80,000 per year (£90,000 in London).

7. assets.publishing.service.gov.uk › media › 66b0a177The Right to Shared Ownership - GOV.UK

   assets.publishing.service.gov.uk › media › 66b0a177

   • you meet the Shared Ownership eligibility requirements, including the income requirement (currently an annual gross household income of £80,000 or less outside of London, or £90,000 or less in...

8. www.sharetobuy.com › shared-ownership-eligibilityShared Ownership Eligibility - Share to Buy

   www.sharetobuy.com › shared-ownership-eligibility

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   For those looking to buy a Shared Ownership home, there are some eligibility requirements that must be met. The general eligibility criteria for Shared Ownership is as follows: You must be at least 18 years old. Outside of London your annual household income must be less than £80,000.

9. assets.publishing.service.gov.uk › media › 58d55b8deShared Ownership Initial Eligibility and Affordability ...

   assets.publishing.service.gov.uk › media › 58d55b8de

   Shared Ownership Initial Eligibility and Affordability Calculator - Guidance note 1. Introduction The calculator has been created by Homes England to provide a tool for Help to Buy agents...