Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Final 3-bedroom homes at Meadowbridge

Moat at Meadowbridge

by Moat Homes

Herne Bay, Kent, CT6 6TW

3 bedroom houses

£90,000 for a 25% share
£360,000 Full Market Value

Discover Meadowbridge, a brand-new collection of beautifully designed 2 and 3 bedroom houses for shared ownership in the popular coastal town of Herne Bay. Set within an exciting wider regeneration area, this new neighbourhood will benefit from planned amenities including green open spaces, a local centre, and a new primary school - creating a thriving new community on the Kent coast.Perfectly placed close to the beach and the charm of Beltinge village, Meadowbridge offers the best of seaside living with everyday convenience. Thoughtfully landscaped surroundings and energy-efficient homes make it a place where modern design meets a relaxed coastal lifestyle.With easy connections to Canterbury, Whitstable, and London, Meadowbridge is ideal for families, first-time buyers, and commuters looking to make Herne Bay home through shared ownership.Your final opportunity to buy at MeadowbridgeWe have two 3-bedroom houses available to reserve off-plan at Meadowbridge, offered on a first-come, first-served basis. These will be the final 3-bedroom homes for shared ownership available at the development.Our 2-bedroom houses are due to be released for off-plan reservations next year, so register your interest to be among the first to hear when they become available.Register your interest and take your first step towards a new home at MeadowbridgePlease note: Internal images are from a previous Kitewood development and are for illustrative purposes. Please refer to the floor plans and specification for details specific to Meadowbridge.

Shared ownership

Sage Homes @ Coronation Square

by Sage Homes

Leyton, Greater London, E10 5UT

1 & 2 bedroom apartments

£93,750 - £135,500 for a 25% share
£375,000 - £542,000 Full Market Value

Our Show Home and Sales Suite are open from Monday to Thursday from 10am to 5:30pm. Walk ins welcomed! For more information, please email our team at Coronation.Square@taylorwimpey.com A thriving new neighbourhood in Leyton, E10. Sage Homes are proud to introduce a brand-new collection of 1 & 2 3-bedroom apartments in energetic East London. -Selection of 1, 2 & 3-bedroom apartments -Fantastic location and superb travel links -Homes built by 5* Housebuilder Now Selling! Register your interest TODAY and be kept up to date with all the latest news In addition to the new apartment blocks, a new Central Square will be built for the development and will house artisan market stalls and new public conveniences like stores and a gym. Coronation Square is the perfect place for contemporary living thanks to its excellent connections to central London and the City, as well as a great selection of cafés, calming pubs, neighbourhood stores, and gardens. Leyton has deep roots and a vibrant personality, making it highly sought after by those who adore its blend of personality and feeling of community. Local Area Information Coronation Square is close to Leyton's public parks, shops, pubs, eateries, and other convenient amenities. It is also close to the well-known Coronation Gardens and Queen Elizabeth Olympic Park. The construction will establish a new neighbourhood hub that will connect established and developing communities. Reach Leyton Underground Station in just 8 minutes by foot access the Central Line - you're just one stop from Stratford which provides access to the Elizabeth Line. Commute further into the capital on the Central Line, taking just 30 minutes to reach Tottenham Court Road. Key Features -Balcony or Terrace -Sought-after location -3-piece bathroom with shower over bath -Zanussi appliances -Open plan kitchen/living/dining -Flooring included

Shared ownership

Kiln Nook

by Your Housing Group

Burslem, Staffordshire, ST6 3AZ

Last 2 bedroom house

£84,000 for a 40% share
£210,000 Full Market Value

£500 towards flooring on our last two-bedroom plot when reserved before 31 October 2026! Discover your dream home at Kiln Nook, our lively development of 43 brand new homes in Burslem. At Kiln Nook, you will find a perfect blend of two and three-bedroom homes suitable for first-time buyers and families. Homes at this exciting new development will be available through shared ownership, Rent to Buy and affordable rent. With it's historic location and as a part of the bustling city of Stoke-on-Trent, Kiln Nook is the ideal development for first time buyers and growing families. Key details: Two and three-bedroom houses Available for shared ownership, Rent to Buy and affordable rent Spacious and open plan layouts Contemporary tiling and designer taps in bathrooms En-suite bathroom on selected house types Patio doors Off street parking Electric car charging points Solar panels fitted to all properties Turfed front and rear gardens

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: