Shared ownership is open to a wide range of people who would like to get on the housing ladder.

For example:
• First time buyers
• Previous home owners who are unable to afford to buy without supplementary help (perhaps due to a separation, divorce, bereavement, growing family)
• People who wish to upsize due to a growing family but are unable to afford it
• Housing association or council tenant
• ‘Key worker’ (a key public sector worker e.g. nurse, teacher, fire fighters, police officers)

The main criteria to become eligible for a shared ownership property are:

- Your household income must be no more than £60,000 per annum
- You must not own another property

Note: Up to four people can become joint owners but all joint applicants must individually and jointly meet the eligibility criteria.

SmartShare is the first national property website that is dedicated to shared ownership homes. We have thousands of properties available throughout the UK from many of the leading Housing Associations - click here to go to our website www.smartshare.co.uk.

For more answers to your affordable housing questions go to: http://www.smartshare.co.uk/frequently-asked-questions-about-affordable-...