Eligibility Guidelines

Can you apply for help from my4walls.co.uk?

Applicants for Newbuild HomeBuy, HomeBuy Direct and Resales should:

• have at least £2,500 to cover the costs of buying a home, for example paying for legal fees and stamp duty (charged on homes costing £120,000 or more)


• have a deposit of at least 5% (HomeBuy Direct) or 10% (Newbuild HomeBuy - shared ownership). Please note that this could be higher depending on which Lender to choose to borrow from.
   
• have permanent employment – not temporary – or a fixed term contract
   
• have a minimum annual income to qualify for a mortgage. This is usually £12,500 gross (single or joint) but could be lower or higher. Households with a single or joint income of £60,000 per annum gross or over will not qualify for HomeBuy schemes (however each application is assessed on its own merit)
   
• have proof that they cannot afford to purchase a property on the open market to meet their current housing needs without the help of my4walls or HomeBuy

• be a housing association or council tenant or
  
  
•  be a key worker (see the list at the bottom of the page for the list of those who may currently get help)

• be a first time buyer working in the local area and contributing to the local economy (you could be a construction, factory or shop worker for example) or
   
• be a current home owner looking for a new home because a relationship has ended or because of a house clearance project or displacement
   
• show that you are not in mortgage or rent arrears or in breach of your current tenancy agreement
   
• be a British national citizen or have permanent leave to remain in the UK. People from member states of the EU/European Economic Area may also apply if they are currently living and working in the UK. A work permit is not proof.
   
• be aged 18 or over and have a bank, Post Office or building society account.

Applicants for the Armed Forces Home Ownership Scheme ( should:Pilot)

Key workers who may currently get help include:

• Clinical NHS staff (with the exception of doctors and dentists);
  
  
• Teachers and nursery nurses in schools and further education/sixth form colleges;
  
  
• Police officers, Community Support Officers and some civilian staff;
  
  
• Prison Service staff in certain prisons
  
  
• Firefighters and other uniformed staff below principal level in Fire and Rescue Services.
  
  
• Regular armed service personnel (i.e. regular service personnel, including Military Provost Guard Service, in the Navy, Army and Air Force);MoD Police Officers; and Uniformed staff in the
  
  
• Defence Fire Service
  
  
• Probation Service staff;
  
  
• Social workers, nursery nurses, educational psychologists, and therapists (e.g. occupational therapists) employed by local authorities, CAFCASS or the NHS;
  
  
• Local Authority Planners
  
  
• Connexions Personal Advisors employed by a local authority or a Connexions Partnership.
  
  
• Qualified Environmental Health Officers/Practitioners who work in a local authority, government agency, NHS or other public sector agencies
  
  
• Highways Agency Traffic Officer staff in safety critical roles within the Traffic Officer Service