Who doesn't qualify

There are a number of conditions that may mean you cannot apply for a home through the New Build HomeBuy scheme (also known as shared ownership).

You don't qualify for New Build HomeBuy if you:

are not a British, EU or EEA citizen, or your passport is not stamped with 'Indefinite leave to remain' or you are not entitled to use public funds
cannot prove that you can raise a mortgage with an acceptable lender and afford to keep a home in the long term
have a county court judgement (CCJ) registered against you unless this has been satisfied (paid back) and you can provide a certificate of satisfaction from the court
have a household income of more than £60,000 a year (this does not apply to resales)
have had a home repossessed in the past five years
have negative equity (where you owe more money to a mortgage lender than your property is actually worth) that you can't sort out with your lender
already own a home you can't or won't sell (you don't have to sell the home until you accept the offer of a home with us)
have been made bankrupt in the last six years
are self-employed and don't have either audited accounts for the last two full years plus an estimate for the current year OR copies of your last three years' tax returns.

For more information about New Build HomeBuy (shared ownership), or who doesn't qualify, contact us on 020 8357 4444 or sales@nhhg.org.uk.