Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Beaulieu Park - Hopkins Homes

by Delta Housing

Chelmsford, Essex, CM1 6PB

1 bedroom apartments

£23,500 - £25,000 for a 10% share
£235,000 - £250,000 Full Market Value

Features include: Air Source HeatingDouble glazing NHBC Warranty Apartments on different floor levels with liftPrivate balcony Allocated parking with Electric Vehicle Charging Point Fully fitted kitchen with integrated appliances Flooring throughout

Shared ownershipGreen features

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

Meadowcroft Farm

by Midland Heart Housing Association

Nuneaton, Warwickshire, CV11 6YW

2 & 3 bedroom houses

£56,250 - £70,000 for a 25% share
(£225,000 - £280,000 Full Market Value)

Brand New 2 & 3 Bedroom Houses available to buy on Shared Ownership with £1,000 Cashback^. These properties are located on a new development on the desirable north eastern edge of Nuneaton, close to the A5. The location offers easy access to the A5 & M69. Nearby Nuneaton and Hinckley offer local amenities, shops & restaurants. • 2 Bedroom Houses from £56,250 for a 25% share • 3 Bedroom Semi-detached Houses £70,000 for a 25% share • Option to buy more shares to own 100% of the property in the future • £1,000 Cashback^ available on selected plots • Affordable Homes - Exclusive to Midland Heart Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking. The properties are well positioned for Nuneaton Town Centre (3.3 miles) and Hinckley Town Centre (3.5 miles). The location offers easy access the A5 & M69. Nearby Nuneaton and Hinckley offer local amenities, shops & restaurants. Prices 2 Bedroom from £225,000 (100%) 25% share = £56,250 Rent = £386.72 3 Bedroom £280,000 (100%) 25% share = £70,000 Rent = £481.25 Plus the following monthly charges: Management Charge: £22.00 Buildings Insurance: 2 bed £17.30; 3 bed £19.76 Estate Charge: £5.53 ^£1,000 Cashback available on selected plots. Subject to terms and conditions, amount dependent on plot & only payable upon completion by a specific date. Shared Ownership enables you to buy a share of your home and pay rent on the remaining share. The share you can buy ranges between 25% and 75%, depending on what you can afford. This means you'll need a smaller mortgage and deposit to get you started. Once you've brought your new home you can decide to buy more shares in the property. The more shares you buy, the less rent you'll pay. You can keep doing this until you own 100% of your property. The Price advertised is for the minimum share of 25% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc). Higher shares are available upon request & will be based on affordability, proceed ability & sustainability. Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale. Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment. ^Images/photographs shown are for illustrative purposes only & simply represent a typical Midland Heart property.

Shared ownership

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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: