Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Living at EdCity

by Hammersmith & Fulham

White City, Greater London, W12 7TG

1 & 2 bedroom apartments

for a 25% share
(£127,500 - £143,750 Full Market Value)

Discover your new chapter at Living at EdCity, offering a collection of 84 Shared Ownership apartments in the thriving White City Innovation District. This contemporary collection of one and two bedroom and wheelchair apartments with private balconies, is part of the wider EdCity development and will be available to those that live or work in Hammersmith and Fulham. Moments from the former BBC Television Centre – now a lively destination offering dining, entertainment and a vibrant communal plaza where pop-ups and seasonal events bring the area to life – Living at EdCity sits at the heart of creative enterprise, surrounded by opportunities making this an exciting place to live. With two stations within a 10‑minute walk, Living at EdCity offers rapid connections on the Central and Hammersmith & City lines. And with Europe’s largest shopping centre, Westfield London, just a short stroll away; educational opportunities at EdCity on the doorstep; and White City’s thriving business district offering a wealth of career prospects, you might never want to leave! To purchase a Shared Ownership home at Living at EdCity, please first register with Hammersmith and Fulham Home Buy by creating an account. If you haven't already created one, please do so as soon as possible by clicking the below link: Then click the Register Now tab to begin. When creating your account, make sure to opt in for property alerts so you are notified once we advertise these properties on the Home Buy website. You must login and click on the advert to register your interest in it. This will ensure you are on the Hammersmith and Fulham Home Buy list of interested buyers. If you are eligible, you will be contacted so we can guide you through the next steps. 1 Bed Apartments: Open market value from £510,000.00 Share amount from £127,500.00 Share percentage from 25% Rent from £558 a month Service Charge from £308 a month Minimum deposit from £12750 2 Bed Apartments: Open market value from £575,000.00 Share amount from £143,750.00 Share percentage from 25% Rent from £539 a month Service Charge £375 a month Minimum deposit £14375 Disclaimer The open market value, service charge and rent are starting from prices and are unit dependent. Photos are for illustrative purposes only and may not represent a true likeness to the individual units being sold. We have taken all reasonable care to ensure the accuracy of the information provided on this page; however, it is intended for general guidance only and may be subject to change. The Council does not guarantee the accuracy or completeness of this information, and all details are provided for illustrative purposes. The Council undertakes continuous development, so specifications and particulars may vary over time. Nothing on this page constitutes a formal offer, invitation, or contract to purchase any property, and no reliance should be placed on the information provided. All plans, descriptions, dimensions, and measurements are approximate and for guidance only. This information is given without responsibility on the part of the Council.

Shared ownership

Saxon Park

by Connells

Desborough, Northamptonshire, NN14 2WQ

2 & 3 bedroom houses

From £110,000 for a 40% share
(From £275,000 Full Market Value)

Saxon Park is a development situated just minutes away from an award-winning farm park, nature trails and a 10/15-minute drive from the likes of Market Harborough and Kettering. These homes are brought to the market by Zen Housing and built by Bloor Homes. Shares are available to purchase from 40-75% with the option to staircase to 100% in the future, Two bedroom homes available: Plot 52 / 53 – Build complete June 2026 (anticipated) Three bedroom homes available: Plot 79/ 48 - Build complete April & June 2026 (anticipated) These homes offer a turfed rear garden with tandem car parking spaces. Each home is integrated with a Utopi smart device, which enables you to get insights from real-time wellbeing and energy consumption data, then take action to improve your living environment and reduce your carbon footprint. PRICE EXAMPLE: TWO BEDROOMS: Full market value - £275,000 40% share price - £110,000 Rent per month based on a 40% share - £378.13 Service/ estate charge per month - £68.33 Minimum deposit required - £5500 Lease term - 990 years Ground rent - no ground rent payable THREE BEDROOMS: Full market value - £295,000 40% share price - £118,000 Rent per month based on a 40% share - £440 Service/ estate charge per month - £72.47 Minimum deposit required - £5900 Lease term - 990 years Ground rent - no ground rent payable Location Desborough is ideally situated within minutes of Market Harborough, a commuter town with links to London St Pancras, Leicester, Nottingham, and Sheffield. It’s only a 10-minute drive from our development to Market Harborough railway station, from which you can catch a direct service to London St Pancras, getting into London in about 1 hour. With easy access to the A14 and the A43. our development is ideally located for those needing to regularly commute to Kettering, Wellingborough or Northampton. Kettering is a 15-minute drive away from our development while Northampton is a 35-minute drive away. The development is only a 15-minute walk away from the Desborough Leisure Centre. The leisure centre’s facilities include a gym, an indoor basketball court/football pitch, table tennis tables, and badminton nets. The centre can also be hired out for things like children’s birthday parties. Desborough also has several parks and nature reserves, including Desborough Pocket Park and the family-friendly Desborough Recreation Ground, with its playgrounds and large playing fields. The development is just seven-minutes’ walk from a Sainsbury’s superstore, and there’s a 24-hour M&S Simply Food a 10-minute walk away. Shared Ownership Shared Ownership is a government scheme that offers you the chance to buy a share of a property from a housing association, a non-profit-making body that provides homes. Because you only own a part of the property, you can buy it with a smaller deposit and mortgage. A smaller mortgage means smaller repayments but you’ll also need to pay: -Rent on the share of the property you do not yet own -Monthly service charges To be eligible for Shared Ownership you need to: -Be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can't afford to buy now -Be over 18 years old -Have an annual household income of less than £80,000 (£90,000 in London). Agency Notes Please note the photos used are shown of previous Shared Ownership homes on the development, and therefore specification may differ and is used for indicative purposes only. Please consult the sales team for any further questions.

Shared ownership

Haddon Fields

by Cross Keys Homes

Great Haddon, Cambridgeshire, PE7 7AD

2 bedroom houses

From £130,000 for a 50% share
(From £260,000 Full Market Value)

The Great Haddon development is located in the southern suburbs of Peterborough in the village of Yaxley. Provision has been made for retail space, new primary and secondary schools, community facilities and more than 132 hectares of open space. Built by Countryside partnership's, Cross Keys Homes will be providing 66 shared ownership homes on the development, comprising of two and three bedroom homes. They are built to a modern specification and have something to offer everyone, from individuals, growing families & those looking to downsize.

Shared ownership

How does Shared ownership work?

Shared ownership allows you to buy a share of a new house and pay rent on the remaining part. It is a government-backed incentive scheme, primarily aimed at helping first time buyers onto the property ladder. You can also use it to buy a bigger home than you can afford on the open market.

The percentage you can purchase may be different depending on where you buy the home:

In England, you can buy shares of between 10% and 75% of the full market value
In Scotland, you can buy a 25%, 50% or 75% share
In Wales, you can buy shares of between 25 and 75% of what the home is worth

Shared ownership is also known as ‘part-buy, part-rent’.

You will purchase your shared ownership property via a housing association or council. The home will be a new build or a re-sale of an existing shared ownership property, of which you’ll need to purchase the same percentage of shares as the existing owner, or more.

You will need a deposit and a mortgage on your share of the property that you are buying. The remaining share is owned by the housing association or council, and you will pay rent comprising up to 3% of this amount.

Although the housing association may have shares of up to 90% in your home, you will become the owner of the lease. As the leaseholder, you will be responsible for repairs inside the property and the housing association will take care of the outside.

To cover any costs that might be necessary for outside work, you will need to pay a service charge, usually paid monthly. It is a good idea to find out how much the service charge is and factor that into all monthly outgoings before you agree to buy.

Shared ownership eligibility

In England, this scheme is available to those in a household with a combined income of less than £80,000 a year (or £90,000 in London), and you are unable to afford a deposit and mortgage payments on a suitable property for you and your family. In Wales, you must have a combined income of less than £60,000.

There are other criteria you must meet, such as:

being a first time buyer, or
if you used to own a home but can no longer afford to buy outright, or
you want to move from one shared ownership property to another, or
you're setting up a new household, for example after a relationship breakdown, or
you currently own a home, and wish to move but cannot afford to buy outright.

You will also need to have no outstanding credit issues, so make sure you get your finances in order before you apply.

Criteria varies by country, so be sure to check before applying.

A development of Shared Ownership homes in England

What is Staircasing in Shared ownership?

You can buy additional shares of your home, usually in increments of 10%, until you own the majority or all of your home. Some older leases set the minimum amount at 25%, and newer ones may allow you to buy as little as 5% at a time. There are some instances where you may be able to buy 1% shares.

This process is called staircasing and allows you to own more of your home as you earn more money or can afford a bigger mortgage. Each time you wish to purchase more shares, these will be based on the value of the home at the time of buying the shares, and not the value of your home when you first bought it.

You will need to pay for a professional valuation of your property to determine the value of the shares before you can buy them. Buying more shares in your home will also mean paying less rent.

Things to consider before buying a Shared ownership home

There are other factors which may impact your decision on whether shared ownership is right for you:

You will still need a deposit for the mortgage portion of your home, usually between 5% and 10% of the value of the mortgage.
All usual moving fees apply including surveys, stamp duty and legal costs.
If you’re aged 55 or over, you may be eligible for Older People’s Shared ownership (OPSO) but bear in mind, you will only be able to own up to 75% of your home.
If you are a key worker, then a percentage of properties through housing associations will be allocated to those who work for the NHS, police, local authorities, Ministry of Defence and many more. Ask the housing association for more information.

Useful links

Find out more about shared ownership in England

Find out more about shared ownership in Scotland

Find out more about shared ownership in Wales

Shared ownership providers

The following housing associations and developers have shared ownership properties available throughout the UK which you can enquire via this website: