Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Bay View

by Linden Homes

Northam, Devon, EX39 1FT

3 bedroom houses

£99,750 for a 35% share
£142,500 for a 50% share
£285,000 Full Market Value

Located on the stunning North Devon coast; Bay View is an exciting development of 2, 3 and 4 bedroom homes, ideally suited to couples and families alike.Our new homes in Northam have been thoughtfully designed to complement their surroundings-modern in style yet perfectly in keeping with the area's traditional charm. If you've dreamed of life by the sea, our Bay View development offers a coastal retreat with plenty to enjoy. With a choice of homes in varying sizes and layouts there is something for everyone at Bay View. Plus with schemes available to help you move, buying new could be easier than you think!Visit our sales centre and explore our beautifully designed 4-bedroom Aspen show home and discover what life at Bay View has to offer. Considering Shared Ownership? â' Estimate your monthly costs

Shared ownership

Aqua Gardens Royal Eden Docks E16

by Riverside Housing

Royal Docks, Greater London, E16 1AZ

1, 2 & 3 bedroom apartments

From £101,250 for a 25% share
(£405,000 - £642,000 Full Market Value)

Hurry Last 1 & 2 bed homes with £1,000 cashback and soft furnishings to make your move even smoother! Selected plots only and must exchange within 28 days of reservation* T&Cs apply speak to our Sales Consultant. Aqua Gardens is a collection of contemporary Shared Ownership apartments set within the landmark Royal Eden Docks regeneration in E16. Offering the rare combination of waterside living, expansive landscaped gardens and outstanding transport connections, this is modern London living designed around wellbeing, balance and convenience Each thoughtfully designed apartment benefits from private outdoor space, generous layouts and high‑quality specification throughout. Interiors feature thermally enhanced full‑height windows, contemporary kitchens with integrated appliances, stylish bathrooms and practical details such as utility cupboards and USB charging points, creating homes that are both functional and beautifully finished. Residents are surrounded by over 5,000 sq m of landscaped communal gardens, with direct access to the dockside and a wealth of open green spaces. A range of premium on‑site amenities available (subject to an advance fee payment equal to £42 a month*), giving you access to a swimming pool, gym, yoga studio, cinema room and residents’ lounge, supporting an active, connected lifestyle. Perfectly positioned for commuters, Aqua Gardens is just a short walk from Custom House station (Elizabeth line & DLR), offering fast links to Canary Wharf, Liverpool Street, Paddington and beyond. The nearby waterside neighbourhood is home to cafés, creative workspaces, leisure activities and cultural destinations, while London City Airport is minutes away. Lots of opportunities for outdoor activities, such as the free 5km Victoria Dock Park run along the dock or open water swimming! Ten minutes along the waterfront you will find Wakeup Docklands (for paddle boarding), Dock Beach for summer relaxation, and the Expressway, a community of almost 200 thriving local businesses. Available via Shared Ownership, Aqua Gardens presents an affordable route onto the London property ladder in one of East London’s most exciting growth areas. Opening Hours: Viewings by appointment only. Marketing Suite Address: Royal Eden Docks Marketing Suite, 14 Western Gateway, London, E16 1DR We are located a 2-minute walk from Custom House station, please go down the steps opposite the Excel, we are opposite Busy Bees Nursery Private and spacious balcony to each apartment 24-hour concierge service and monitored CCTV 3-minute walk to Custom House Station Canary Wharf- London’s Finance district is 3 minutes way Easy Access to all of London’s best universities Home to the London Mayor with City Hall 3 mins walk awayL Water sport activities less than 100 meters away City living at its best with a wealth of connections on your door step even an Uber Boat! Pool, Gym, Cinema and Rooftop running track all for £40 per month* Energy-efficient LED down lights High specification throughout with integrated appliances 88% price increase over the last 10 years £314m investment into the Royal Docks becoming London’s newest Tourist destination 35% below the average price in London so great for First Time buyers

Shared ownershipGreen features

Exclusively for those over 55

Mill View

by DOMOVO / BPHA

Hauxton, Cambridgeshire, CB22 5GA

2 bedroom apartments

From £167,500 for a 50% share
(From £335,000 Full Market Value)

THE MILL VIEW DEVELOPMENT IS 90% SOLD Shares available at 50% and 75% 50% - £167,500 75% - £251,250 Exclusively for the over 55s, at Mill View you have the luxury of a two-bedroom self-contained apartment, in a purpose-built community, offering you 24-hour security within the privacy of your own home. Mill View is designed to make your life as easy as possible with a choice of accommodation options. All apartments are set in a quiet location and include two bedrooms, private balconies or terraces, have a high specification kitchen with appliances, a wet room and flooring throughout. You are able to decorate and furnish your apartments to your taste and have visitors whenever you choose to. Mill View sits in the historical village of Hauxton, right on the banks of the river Cam. Historic monuments, houses and museums mixed with popular pubs and local shops create the perfect countryside location. Hauxton retains a rural charm and offers perfect opportunities for cycling, walking and exploring. There are shops and amenities in Great Shelford (approx. 3 miles) and further afield Cambridge offers a host of entertainment, leisure and shopping options. A weekly bus is provided directly from Mill View to a local supermarket for you to do your weekly shop. Mill View has been designed to enable residents to continue to live independently in modern apartments yet has provided warm and friendly community spaces, giving you the opportunity to make friends and become part of the Mill View community. At Mill View, our Scheme Manager will support residents to engage in the activities that they enjoy and work with you and your neighbours to build a vibrant community. One of the benefits of moving to one of these brand-new apartments is the freedom and liberation to leave your home in safe and secure hands if you decide to travel or visit friends and family. There are a range of onsite facilities and services including; tailormade friendly and professional care and support to suit your needs, an onsite rooftop restaurant which provides a 3-course lunch and can provide sandwiches for your evening meal*, 24-hour emergency response, landscaped communal gardens, a laundry room, mobility scooter store, lounge areas, parking and a hair salon and shop. *Included in your service charge fee. A typical two-bedroom apartment specification includes: - Fitted Elise gloss white kitchen with built-in Zanussi single oven, hob and extractor hood - Zanussi appliances - integrated dishwasher, fridge-freezer and washer/dryer. - Wood effect luxury vinyl flooring to kitchen/lounge/living and hallway - Open plan lounge/living area with balcony or terrace - Bathroom with walk-in thermostatic shower, toilet with concealed cistern plus grey Lakestone tiles on all walls and floors - Master bedroom is fully carpeted with second door leading to bathroom - Central Heating and Double-glazing throughout - Broadband/TV/satellite/radio/telephone points The price displayed is for a 50% share of the property's full price. Full Market Value of the property is £335,000. The property is subject to a monthly rent and service charge. There is no rent if a 75% share is bought. Service Charge (per month) - £682.04 (This is an estimate only) Monthly Rent - £383.86 (50% share) *Please be advised that the virtual tour and the imagery used is from our show home at this development. This property only comes furnished with advertised appliances. **A daily meal at the restaurant is included in the service charge costs. Speak to a sales advisor for further information. 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 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. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Shared ownershipRetirement

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: