Criteria for shared ownership allocation
Applicants for our shared ownership scheme will always be assessed on their immediate need.
Wandsworth Council tenants with a recognised medical need or living in overcrowded conditions and having a minimum of 150 points in the transfer queue, decants, essential repair cases, tenants under occupying and homeless persons.
All other Wandsworth Council tenants and tenants of housing associations currently occupying property within the borough and serving armed forces personnel.
First time buyers who currently live within the borough, Wandsworth Shared Owners needing to move to a larger property, and key workers in the borough.
Existing Wandsworth Home Owners who need to move to a two or three bedroom property, whose household income is less than £90,000 per annum and who cannot afford to buy on the open market and first time buyers who work in Wandsworth but do not live in the Borough.
Wandsworth Shared Owners without a recognised need to move.
Applicants are initially put forward for the number of bedrooms required to house them and their families. If more than one applicant from the same priority group applies for a property, the applicant with the earliest registration date under the scheme will take precedence. All applicants are subject to a financial appraisal at the point of offer.
For example, a single person or a couple will get a one bed entitlement, whereas a couple with a child will get a two bed entitlement.
It is also possible that couples who are expecting a child may be granted an extra bedroom upon receipt of a valid Mat-B1 form (maternity certificate).
House Purchase Grant
Wandsworth Council Tenants may be entitled to apply for a House Purchase Grant (HPG) to use towards purchasing a shared ownership property.
If you need further clarification on our eligibility criteria please contact the Home Ownership team.