The Rent and Charges for the remaining percentage currently stands at :-
Rent - £227.50 per month
Building Insurance - £16.75 per month
Please note these figures are for the current financial year and are subject to change from the 1st April 2026.
All applicants also have to meet the Shared Ownership Eligibility criteria:-
Household earns £80,000 a year or less.
first-time buyer (or existing shared owner moving to another shared ownership home)
income is sufficient to cover the mortgage (if applicable), rent and service charges
chosen Shared Ownership property is affordable and sustainable for the applicant(s)
If the applicant (s) is a serving member of the British Armed Forces, or have been honourably discharged in the last 2 years, then they will receive priority for buying a home through Shared Ownership.
Please note that if an applicant(s) are currently a home owner and want to buy with Shared Ownership, applicant(s) will need to find a buyer for their current property before their application will be considered.
If the applicant can afford to buy the property outright without Government assistance, they will not be considered eligible.
Full details can also be found on the website www.plusdane.co.uk . Interested parties will need to complete the attached form and return to [email protected] After completing the form, we will create an account on our website where they will then be able to complete an online application form:- On completion of this, any interested party will then be sent to Metro Finance who will carry out an affordability assessment on our behalf. They will require the below documentation on request.
Proof of identification i.e. copy passport or driving licence
Proof of Residence i.e. copy utility bill, tenancy agreement
Proof of income i.e. three months up to date wage slips, if self-employed three years audited account
Proof of Saving i.e. copy passbook or statement
Mortgage Decision in Principle (if available)
If the deposit for the purchase is being gifted, we require a letter from the person making the gift stating this and the amount together with a copy of their bank or building society statement showing the funds are in place.
If you require any further information or assistance please do not hesitate to contact us at [email protected] .
