Welcome to shared ownership

Buying your first home is an exciting experience – and shared ownership is a great way of getting yourself on the property ladder.

How it works

A shared ownership home is a flat or house that you own a percentage of, while paying rent on the un-owned share.

You’ll pay a mortgage for the share of the home you own, while paying rent on the remaining percentage

When the time is right for you, you’ll be able to purchase additional shares (known as staircasing) all the way up to 100% – meaning you will own your property outright.

How do you qualify?

To qualify for shared ownership, you’ll need:

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A maximum yearly household income of £80,000 outside of London, or £90,000 inside London.

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Savings of £3,500 to cover costs including legal fees and moving costs.

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You should have sold or be about to complete on the sale of any existing property you may have.

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To have completed an initial eligibility assessment by your Help to Buy Agent.

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A deposit.

I’m ready to home-hunt!

When you find a shared ownership home you love, please get in touch with our team and we’ll run through an affordability assessment with you and discuss the next steps.

Finding a shared ownership property couldn’t be easier – click here to view our available properties.

For more information, read our handy shared ownership guide