Guidance

London-Wide Initiative scheme for key workers

The London­-Wide Initiative scheme was part of a low-­cost home ownership initiative for key workers.

From:
Homes and Communities Agency
Published
10 July 2003

This publication was withdrawn on

This scheme is now closed for applications, but you can read about other Affordable home ownership schemes.

Applies to England

Documents

London-Wide Initiative scheme: information pack (accessible version)

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London-Wide Initiative scheme: information pack

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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

Updates to this page

Published 10 July 2003

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