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To be eligible for one of the Affordable Home Ownership schemes, you should be:
1. In full time employment
2. Not already a home owner – (subject to individual circumstances)
3. Not in serious debt on any existing loan
4. Outgoings should not be more than 15% of income
5. Unable to afford a suitable property on full ownership
6. Able to afford a mortgage for the % share on offer
7. Able to provide an 'In principle' mortgage offer as in (e) above
8. Over 18 years of age
If you are unsure whether you qualify, please contact the Home Ownership Team on 01633 233865 who will be happy to advise you.
We cannot accept your application if you already own a property that meets your current housing need.
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