Shared Ownership
Frequently asked
questions.
How does Shared Ownership work?
Shared Ownership allows you to buy a share of a home, based on what you can afford. You initially buy a share between 25% and 75% of the full property value and pay a reduced monthly rent on the share that you don’t own.
Whether or not you qualify for a Shared Ownership home is often referred to as ‘eligibility’ and is dependent on a number of factors...
Buying a new home is a life-changing experience. The buying process and requirements for Shared Ownership are a little different to when you buy a home outright. Find out how to make your shared ownership buying journey as smooth and stress free as possible, with our step-by-step guide...
As part of the government’s Affordable Homes Programme 2021 – 2026, some changes to Shared Ownership were introduced; in a challenging market, it’s hoped that the changes will help more people get a foot onto the property ladder.