Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

SO Resi Peckham

by SO Resi

Peckham, Greater London, SE15 1NL

1, 2 & 3 bedroom apartments

From £106,250 for a 25% share
(From £425,000 Full Market Value)

SO Resi Peckham is a collection of contemporary 1 and 2 bedroom apartments nestled within a beautifully designed development on the ever-evolving Old Kent Road. Bordering Brimmington Park, with its outdoor gym, walking trails and playpark, and with coffee, groceries and outdoor space just downstairs, this is more than contemporary urban housing. It’s a place with an unobtrusive sense of community built in. Welcoming, convenient and grounded – modern Peckham through and through. SO Resi Peckham is a car free development. Residents will not be eligible for a parking permit.

Shared ownership

Purchase up to 75% with shared ownership

Willow Woods

by Linden Homes

Ely, Cambridgeshire, CB6 2SD

3 & 4 bedroom houses

£185,000 - £197,500 for a 50% share
£370,000 - £395,000 Full Market Value

This new housing development features a mix of modern 2, 3, 4 & 5 bedroom homes, as well as comfortable 2 bed apartments. Located just over a mile from the city centre of Ely, it's the ideal base whether you're a first-time buyer, looking for your next step or planning to downsize. With the amenities of Ely nearby and Cambridge only 20 minutes away by train, your ideal new build could be ready and waiting.Mon: 10:00 - 17:00, Thu: 12:00 - 17:00, Fri: 10:00 - 17:00, Sat: 10:00 - 17:00, Sun: 10:00 - 17:00

Shared ownership

Argenta

by Guinness Homes

Silvertown, Greater London, E16 2QD

1 & 2 bedroom apartments

£97,500 - £138,750 for a 25% share
£390,000 - £555,000 Full Market Value

66 one-and two-bedroom apartments, including a collection of adaptable wheelchair homes, ready to reserve and move in now. These will be the very first homes available at this landmark new neighbourhood at Silvertown in Newham, East London. DON'T MISS OUTReady to Reserve - Move in Now! From 25% Share with Deposits from 5%£99 reservation fee One stop from Canning Town Pontoon Dock location Exciting new neighbourhood! Important Information:Minimum share initially available: 25%Maximum share initially available: 75%Staircasing to 100% allowableTenure: LeaseholdLease term: 990 yearsCouncil Tax: TBCPlease note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%) then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.Located in the developing East-London neighbourhood of Silvertown. Argenta will be an exciting blend of industrial heritage and modern living, the new town centre will feature an array of shops, restaurants, leisure facilities, bars and cafes, creating a lively hub around the docks centred around the Grade II listed Silo D. The new Silvertown Tunnel links to the historic town of Greenwich Peninsula and the 02 Arena, additionally the area is served with multiple bus routes, the Docklands Light Railway (DLR) and the Elizabeth line making this an ideal development for commuters.T&CsThe development is car-free. Residents purchasing at Argenta are not eligible to apply to Newham Borough Council for parking permits or to use on-street parking (paid parking is in the area). Blue Badge holders with a valid permit may apply directly to the Council, but approval is not guaranteed and does not form part of your reservation agreement.Historic Transformation Silvertown is set to become an iconic East London neighbourhood, blending industrial heritage with modern living. The new town centre will feature shops, restaurants, leisure facilities, bars, and cafes, creating a lively hub centred around the dock and Grade II listed Silo D. In partnership with Lendlease, Guinness Homes will offer 430 homes, including one, two, and three-bedroom options. These homes will be situated in the heart of the Royal Docks, spanning 50 acres. The historic transformation includes the restoration of Millennium Mills, 1.8 million sqft of business workspace, new homes, and spaces for cultural and community events.Convenient CommutesSilvertown is exceptionally well-connected. The new Silvertown Tunnel, which opened in April 2025, links Silvertown to the Greenwich Peninsula and The O2 Arena, reducing congestion and enabling faster cross-river journeys. Additionally, the area is served by multiple bus routes, the Docklands Light Railway (DLR) from Pontoon Dock and the Elizabeth Line from Custom House, providing access to central London and beyond.

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: