We’ve updated the Shared Equity Option (SEO) to expand eligibility and provide more choice: 

• Income limit increased from $110,000 to $120,000 (net household income)
• Maximum purchase price increased from $675,000 to $750,000

These changes give brokers more flexibility when supporting customers considering shared equity.

If you’re not familiar with the SEO, this short video provides a helpful overview.

Shared Equity Option and Help to Buy Scheme. 
While the concepts are similar, there are some key differences that may influence which product is the better fit. Our comparison guide provides a side-by-side view to support your customer conversations.

To become accredited to write the Shared Equity Option, contact your Business Development Specialist.