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Shared Ownership Eligibility
ldn1
Posts: 5 Forumite
HI -
First post on here so apologies if its not in the correct section.
I have just submitted my application for shared ownership and have received an email informing me that my application has been rejected based on my earnings.
From my understanding having reviewed the First Steps and various housing association websites the maximum annual income to be eligible is £60k.
I earn £50k and have savings of £5k - based on this I believe I am below the threshold. However, my earnings are the only reason cited for rejecting my appilcation.
Can they do this despite my financial income falling within their stated eligibilty criteria?
Could there be something else at play here that i'm missing (eg other requirements that may apply etc...)?
Many thanks,
ldn1
First post on here so apologies if its not in the correct section.
I have just submitted my application for shared ownership and have received an email informing me that my application has been rejected based on my earnings.
From my understanding having reviewed the First Steps and various housing association websites the maximum annual income to be eligible is £60k.
I earn £50k and have savings of £5k - based on this I believe I am below the threshold. However, my earnings are the only reason cited for rejecting my appilcation.
Can they do this despite my financial income falling within their stated eligibilty criteria?
Could there be something else at play here that i'm missing (eg other requirements that may apply etc...)?
Many thanks,
ldn1
0
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