London-Wide Initiative scheme for key workers
The London-Wide Initiative scheme was part of a low-cost home ownership initiative for key workers.
Applies to England
Documents
Details
This scheme is now closed for applications, but you can find other home ownership schemes on Own Your Home.
The London-Wide Initiative (LWI) scheme helped key workers buy a new build home on a designated LWI development and pay a discounted price on completion.
Scheme fees and charges
The different fees and changes for this scheme:
- redemption (repaying your loan): £200
- staircase: £200
- remortgage: £50
- sublet: £50
- home improvements: £50
- transfer of Equity (change of ownership): £50