New home - buying options for 50+ divorcee

Millice

Hi, I've searched the site and can't find an obvious answer. I'm recently divorced (age 54) and, after selling our marital home and settling with a line under everything, I've been left around £200k in cash. Small homes on new developments in my area start from around £225k but my income is only around £10k pa so unlikely to support a mortgage. Other older options are around that price but requiring updating  works and therefore not an option. 
Is there any incentives around to help people in my position (immediate cash, but very limited future earnings) buy a new home? I don't mind whether I own 100% of a house, but even they seem to concentrate on low earners who will obtain a mortgage. 
Any pointers will be gratefully received as I am now concerned that I simply will be priced out of ever having a home again. 

MovingForwards

You have about £200k
Your income is about £10k
You want to buy at £225k

Have you thought about a small mortgage?

Upto 4.5x your income = upto £45k

Potentially gives you a property upto £245k

You need legal fees upto £2k

Potentially giving you a property upto £243k.

There is the option of help to buy, which will boost your deposit, but it's a loan and taken into account when assessing your mortgage.

There is shared ownership, part rent/part mortgage.

Can you increase your hours at work?

Have you spoken with a broker to see what is viable for you?

Millice

Hi, thank you so much for taking the time to respond. I didn't think I'd be able to get a mortgage of any description with my limited earnings so I will definitely be able to look into that. I have a few medical issues that limit my ability to work more hours, but live quite frugally and I'm quite content. Even so, I may be able to add a few extra hours each month - don't claim anything and proud to work to support myself!
I did look at "Help to Buy", but a sales associate at a new build site (Story Homes) told me that I have to have at least 50% of the value of the property as a mortgage, so it wasn't viable for me, as with £200k, to buy a house at £250k, I needed £125k of that to be a mortgage! Which neither suits my situation nor my limited income. I don't qualify for shared ownership / low income schemes because of the lump sum I have, despite that being all I'm likely to ever have. 
Again, thank you for responding and I'll look into a small mortgage - I do have a pension that I can draw down on in six years, so that could possibly help me once I reach that stage. 

kingstreet

The min mortgage for HTB is 25% not 50%, but even that will be too high. On £10k a year, I'd say a mortgage of no more than £30k is likely and affordable.