Check your eligibility (spoiler alert, it’s not just for First Time Buyers…!)
You are eligible to purchase a home using the Home Reach Flex scheme if:
Your household income does not exceed £100,000 (joint) per annum.
You have a deposit of at least 10% of the share value.
You are a first-time buyer or used to own a home but cannot afford to buy 100% of the property now.
You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
You currently occupy a shared ownership property and are looking to move.
You have a good credit history (no bad debts or County Court Judgements or arrears) and can afford the regular payments and costs involved in buying a home.
The property will be your principal and only home at the time of purchasing.
See the developments where Home Reach Flex is available