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We want to make sure that you are eligible for the Shared Ownership scheme in order to buy your new home, please see below the criteria:
- Your household income is less than £90,000 when buying in London and £80,000 in the rest of the country?
- You are a first time buyer and you do not own other properties? (Exemptions apply if you are a current shared ownership owner or are in the process of selling your home)
- Buying a home to live in yourself and not looking to rent it out?
- You are not aware of any adverse credit or any other reasons why you are unable to obtain a mortgage?