Applying for a resale home

To start your application please complete the following steps:

 

1. Complete the enquiry form with our partner mortgage broker, Just Mortgages, by clicking the button below. They will then contact you to book a stage one affordability assessment.

 

Complete Just Mortgages enquiry form

  

To be considered for a Shared Ownership home, please be aware that:

  1. You need to have a gross household income of less than £80,000 per annum, or less than £90,000 per annum for properties in London
  2. You must not own another property (although you can apply if sold subject to contract)
  3. You must be 18 years old or older

Please note that a local connection may be required. For example, you may need to live or work within the area. For properties with this connection requirement, you will be asked to provide evidence of how you meet the criteria.

 

2. Following a successful stage one affordability assessment you will be offered the opportunity to view the property. 

The property will then be reserved to the first applicant who completes their stage one affordability assessment and wants to proceed having viewed the home.

Please note: Viewings will be offered to applicants in accordance with our first come, first served policy. However, you will also be notified if your application was unsuccessful.

 

3. The successful applicant will then be asked to complete a stage two affordability assessment with Just Mortgages. Please ensure you have the following information ready:

  • Credit report (full report required)
  • Photo ID (in date passport or photocard driving licence)
  • If you are in the UK on a VISA, a copy will be required
  • If you are self employed - last 3 years SA302/Tax calculations plus 3 years Tax Year Overviews
  • Most recent 3 month bank statements from all accounts
  • Proof of address - latest council tax or utility bill
  • Proof of deposit, for gifted deposits a letter from the giftor will be required and the last 3 months of bank statements from the account the gifted funds have been held in
  • Most recent credit card statement (if applicable)
  • Proof of any benefits (most recent statement)
  • Evidence of any court ordered maintenance payments (if applicable)
  • If available - Copy of Agreement in Principle from a mortgage lender (don't worry if you don't have this, the broker can arrange one for you)

 

 4. The application is now complete and the legal process to purchase the home can begin.

We recommend instructing a solicitor with experience in Shared Ownership to avoid unnecessary delays. If you haven't already picked your solicitor, a list of specialist solicitors can be found here. 

You can now begin your mortgage application with Just Mortgages.

 

For more information about our resale application process, click here.