What is an Approval?

You will receive a Co-Ownership Approval if your application is successful. It's a document that confirms the maximum property value you can buy up to, based on a 50:50 share. 

It is valid for 4 months from the date of approval for Co-Own customers, or 6 months for Co-Own for Over 55s customers.

Unlike a lender's “decision in principle”, we complete a full affordability assessment leading up to the approval, and once confirmed commit to supporting your home purchase as long as there are no changes to your circumstances.

Your Approval letter can be found in your online account.