Shared Ownership
You will be eligible to buy a home through a shared ownership scheme if your household income is less that £80,000 (£90,000 in London). You will also need to be either a first-time buyer or a previous homeowner who cannot afford to buy now. Alternatively you will need to be renting from a council or housing association.
You will need to be able to prove you’re not in mortgage or rent arrears, that you have a good credit history, and you can afford the costs of buying a shared ownership home.
Military personnel will be given priority over other groups through government-funded shared ownership schemes.
If you have a long-term disability, you could also qualify for a shared ownership scheme under the government’s Home Ownership for People with Long-Term Disabilities.