Shared Ownership eligibility
We will check you are eligible for the Shared Ownership home you are interested in. Our checks are to make sure you meet the criteria and can afford your home now and in the future.
Age
You must be at least 18 years old.
Income and finances
You must have a total household income of £80,000 a year or less.
Your income must be enough so you can pay your:
- mortgage
- rent
- service charge
When you are buying your share, you must have enough money to pay:
- reservation fee
- deposit
- legal and other fees, like getting the property valued
Home ownership status
You must be a first-time buyer or unable to buy a suitable property on the open market and not already own a property.
If you own a home, you must sell it before you buy a home through Shared Ownership.
Latest development
Cricketers Hill, Carley Hill
Shared Ownership homes coming late 2024. Move in Spring 2025.
A new development of 2, 3 and 4 bedroom homes, 2 bedroom bungalows and 2 bedroom apartments, postcode SR5 2QB
Live developments
Wellspring Park
Wellspring Park is a new housing development in the Town End Farm area of Sunderland.
All plots reserved
Crosstree Park
Crosstree Park is our flagship new housing development in the Downhill area of Sunderland.
All plots reserved
Upcoming developments
Eskdene Rise
Eskdene Rise is a new housing development in the Hetton area of Sunderland, postcode DH5 0EH.