London-Wide Initiative scheme for key workers
The LondonÂ-Wide Initiative scheme was part of a low-Âcost 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 .
The LondonÂ-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