There are three things to do to apply for your new home...
01. Register with Share to Buy
You can register Here
Once you’ve registered with Share to Buy, you’ll also need to register your interest in the property you’re interested in - this part is important as it helps us with our allocation process!
You will need to meet the following criteria:
- Be over 18
- Not be an existing Homeowner
- Have a household income of less than £80,000
02. View the property
You can arrange a viewing by clicking 'Enquire about this property' on the property listing and arranging a suitable time to view. Once you have viewed the home, if you'd like to go ahead with an application, you'll need to complete the next two steps.
03. Check the finances
Complete a financial assessment with one of our panel of Mortgage Advisors
This is done over a short ten minute phone call with your selected Mortgage Advisors.
Your Mortgage Advisors will discuss your mortgage options and make sure the purchase is affordable for you.
They will then send us your completed assessment to us on your behalf. You should hear back from the sales consultant within ten working days as to whether your application has been successful.
If you’re successful and offered one of our homes there are some final steps to fully reserve your new property.
You will be asked to provide proof of funding and to complete some ID checks (Via our third party ID supplier, Thirdfort) - a full list of acceptable forms of ID and proof of address can be found here.
You will also be asked to verbally instruct a solicitor - we always advise customers to choose a solicitor familiar with shared ownership. Sovereign also have a handpicked list of independent shared ownership solicitors which can be found here.