How to apply for a shared ownership property

All of our shared ownership properties are advertised in search our homes.

If you're interested in one of our shared ownership properties, you can apply by completing our shared ownership application form [PDF]. Please email completed forms to nchasales@ncha.org.uk, and include the name of the development on your application.

How it works

We offer our shared ownership homes on a first come, first served basis. Priority is determined by the date we receive your completed application form.

Once your form is submitted, a member of our Sales team will be in touch. If you meet the basic eligibility criteria - household income under £80,000 and you do not currently own a home - we’ll reserve your preferred property for five working days.

During this time, you’ll need to:

Book an appointment with our mortgage advisor
Send us your supporting documents

Exceptions to the first come, first served policy apply to:

Qualifying Armed Forces personnel
Certain rural locations

Supporting documents will include:

Photo ID
Three months or 12 weeks wage slips, or if self employed, three years’ accounts
Proof of address
Proof of monies for deposit and if purchasing in cash. The funds must be in a UK bank account.
Letter regarding gifted funds (if applicable)
Proof of three months’ pension payments/statements.

Affordability Assessment

As part of your application, a Mortgage Advisor will carry out a detailed Affordability Assessment to ensure you have sufficient disposable income after all household costs and financial commitments are considered.

To proceed with a shared ownership purchase, you must have a minimum level of disposable income remaining each month:

Single applicants: at least 5% of your monthly net income
Joint applicants: at least 10% of your combined monthly net income

Deposit requirements

You will need a minimum 5% deposit for the share you are purchasing.

If you are purchasing with cash, a credit reference will be required.

Credit history criteria

Applicants with any of the following within the last six years would not normally be accepted by NCHA for shared ownership:

Two or more County Court Judgements (CCJs)
Individual Voluntary Arrangements (IVAs)
Debt Relief Orders (DROs)
Bankruptcy

The assessment does not constitute mortgage advice or guarantee that a mortgage offer will be made.

We reserve the right to decline applications if:

One or more of the criteria are not met
Required information is not provided
If you wish to purchase a different share than the one recommended by your Mortgage Advisor, you must provide a written explanation. We reserve the right to decline your application in such cases.

Need help or have questions?

For questions about your affordability assessment, mortgage advice, or mortgage application, please contact your Mortgage Advisor directly.

For all other queries regarding your application, please email: nchasales@ncha.org.uk.

If you need further support completing your application, our Sales team is here to help.

Nottingham Community Housing Association
Clifton Place
9 Fairham Brook Drive
Clifton
Nottingham
NG11 8PY

Telephone: 0345 650 1204
Email: nchasales@ncha.org.uk