How much does someone have to earn to qualify for shared ownership?
The minimum income requirement will vary depending on the housing scheme, the price of the property and the share that is to be bought. Most shared ownership schemes set a minimum single or joint income requirement for applicants. Whilst the single income may be out of reach to some, the joint income requirements are usually only slightly higher. As with outright sale properties on the open market, many people find purchasing with a joint income more realistic than buying alone.