Co-ownership traditionally works only with first time buyers.  In October 2011, Co-ownership began a pilot scheme to assist people who have previously purchased a house, but are not currently homeowners, return to the market and get back on the property ladder.  The pilot scheme will initially run until March 2012.

• Application criteria
• How to apply

Application criteria

 To be considered for Another Chance, you must have:

• No mortgage
• No property to sell
• No interest in any property, in this country or abroad
• Concluded any settlement arrangements from any previous relationships
• No unpaid debt relating to a previous mortgage.

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How to apply

If you wish to apply for Another Chance, you must make an application in the same wasy as you would for the standard Co-ownership scheme. 

You must meet the general Co-ownership applicant criteria as well as the additional criteria imposed on Another Chance applicants.  You can find out more about the applicant criteria by attending one of Co-ownership's information evenings. Contact Co-ownership to find out when the next information evening is happening.

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