Step-by-step guide

Step 1

Who can buy a shared ownership home?

To qualify, your household income must be £80,000 or less for homes outside of London boroughs and £90,000 for homes within London boroughs, and you can’t already own a home.

 

Register

If you meet the criteria above, take a look at our current developments available with Shared Ownership and register your interest.

Step 2

Viewing

Arrange a viewing at your chosen development by getting in touch with our Sales Team.

 

Reserve a property

Our Sales Advisor will ask you to complete an application form to check that you’re eligible to buy. If we are able to offer you a home, the Sales Advisor will take you through the reservation process and will answer any questions you may have.

Step 3

Apply for a mortgage

We have a panel of partner IMAs that are experienced in arranging shared ownership mortgages. Usually your mortgage application meeting will take place between 9am and 5pm Monday to Friday so be sure to allow time to attend this.

 

Exchange of Contracts

Once your lender has provided a mortgage offer and your solicitor has received replies to their questions on the lease, you will exchange contracts, which means you’re legally committed to buying your home and we’re committed to selling it to you. Usually this occurs whilst the home is being built and should happen 28 days after you have instructed your solicitor to go ahead.

 

Step 4

Completion and move in!

Once your home has been built and all building documentation received, your solicitor will confirm a date that your purchase will go through and you can move in to your new home. This is also when your solicitor will contact your mortgage provider to release monies for your home and provide you with a statement of fees associated with the purchase.