Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

BPHA at Linmere - Stonebond

by DOMOVO / BPHA

Houghton Regis, Bedfordshire, LU5 7BY

3 bedroom houses

From £91,250 for a 25% share
(From £365,000 Full Market Value)

Domovo are excited to offer a modern collection of 3 bedroom homes within the desirable new residential community of Linmere. These stylish, new homes are ideal for singles and couples, families, commuters and downsizers alike, all available through shared ownership. Located in South Bedfordshire, Linmere is a vibrant new community that places well-being and outdoor living at its core. Thoughtfully designed green spaces make it easy to walk or cycle through the area, ensuring a strong connection with nature at every step. With green spaces just a five-minute walk from every home, it’s a place for all generations to thrive and enjoy. At Linmere, the great outdoors is more than just an escape — it’s a way of life, where you can connect with nature and your neighbours. Pricing: 3 bedroom semi-detached houses: prices from - £91,250 for a 25% share and £273,750 for a 75% share (Based on a full market value - £365,000) 3 bedroom terrace houses: prices from - £93,750 for a 25% share and £281,250 for a 75% share (Based on a full market value - £375,000) Monthly Service Charge: from £27.39 (This is an estimate only) Lease Term: 999 years Initial shares available to purchase between 25-75%*. *(Your application will be affordability assessed by an Independent Mortgage Advisor to determine what share you can afford to buy). Specification: Kitchen - Hamilton gloss white cupboard doors - Quartz grey worktop with upstand - Brushed nickle cupboard door handle - Stainless steel splashback - Built in oven, hob and hood - Vinyl flooring – Louisa Oak 22856 (Furlong) Bathroom - Vinyl flooring – Louisa Oak 22856 (Furlong) - Wall tile to wet areas – Bergdust Crema (Monumental Tiles) General - Carpets provided - Private garden with turf and shed - Two car parking spaces - Air source heat pump heating system - EV charging point provided** - Mechanical Ventilation Heat Recovery (MVHR) located in cupboard space *We reserve the right to change the specification at any time. **For further advice on EV tariff and connection criteria, please speak to your Sales advisor ***Spaces to be measured on completion of the homes On your doorstep Linmere is set amidst 90 acres of lush green spaces and beautifully landscaped parks. Right on your doorstep, you’ll find a variety of shops, including a Lidl, along with a children’s adventure playground and leisure facilities. At the heart of the community, The Farmstead welcomes everyone, offering a lively hub with shops, a café, and a community hall perfect for celebrations, classes, or business meetings. For younger residents, the school, and open spaces provide endless opportunities for play and learning. These vibrant spaces are enjoyed by both the Linmere community and visitors alike. Shared Ownership, how does it work? If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share. In the future, you can purchase further shares in your home*** or sell your share and move on. *Properties are offered as leasehold, with a lease term of 999 years. **Shares offered are based on the affordability determined by an Independent Mortgage Advisor. ***Some properties are restricted to the level of share you can purchase. Disclaimer The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only, could be from a previous phase, and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments. All customer reviews were obtained by incentive. While we strive to provide accurate and unbiased reviews, we cannot guarantee that all information is accurate, complete, or up to date. Any reliance placed on such information is strictly at your own risk. Any interested party is encouraged to conduct their own research and make decisions based on their own individual circumstances. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Shared ownershipGreen features

Carleton Chase

by Persona Homes

Penrith, Cumbria, CA11 8TP

3 bedroom houses

From £62,500 for a 25% share
(From £250,000 Full Market Value)

Located on the outskirts of the popular market town of Penrith, Carleton Chase is a lovely new development in the village of Carleton. Just a short distance from the stunning Lake District National Park, you will find everything you need within easy reach, including award winning schools, shops, restaurants, and sports facilities. Carleton Chase offers all you need for modern family living. With fantastic country views and located on the edge of the many walks that the Eden Valley and nearby River Eamont have to offer, living here gives you the very best of town and country. Please note - this development has a local connection*

Shared ownership

Home X Shared Ownership

by Southern Housing New Homes

Brighton, East Sussex, BN2 4FW

1 & 2 bedroom apartments

£28,000 for a 10% share
£88,250 - £92,125 for a 25% share
£280,000 - £368,500 Full Market Value

Ready to move in now!Home X is a stylish collection of one and bedroom Shared Ownership apartments in Brighton with resident amenities. Book Your Viewing!Benefits of living at Home XLower rents at 2% Share prices from 10% to selected homesBosch and Siemens integrated appliancesFull height windows and underfloor heating Residents' podium gardens Home X is crafted with your everyday living and wellbeing in mind. Step into an apartment bathed in natural light where the open-plan living room offers the flexibility to design your perfect living area, while the stylish kitchens boast contemporary worktops and sleek, handleless, soft-close units in a sophisticated indigo hue. Each apartment is thoughtfully equipped with integrated appliances, underfloor heating, and a state-of-the-art video / phone entry system, ensuring your comfort and peace of mind. Shared Ownership What are the benefits?Low deposit - you only pay from 5% of the share you are buying.Flexibility - you choose when you want to purchase extra share of your home. Accessibility - Shared Ownership helps you get a mortgage even with a lower salary.Lower costs - Monthly costs can work our cheaper than renting privately. To be eligible for Shared Ownership:Your household income must be no more than £80,000.You cannot own another property at the time of completing your purchase. You must have an offer on your current property to be able to reserve a new home.You must be over 18 years of age and able to obtain a mortgage. You can read our buying guides for more information or listen to our podcast for on the go learning!Register your interest and book a viewing to find out more*Images are for illustrative purposes only.

Shared ownershipGreen features

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: