Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Sunningdale Park

by Gascoigne - Pees

Sunningdale, Berkshire, SL5 0AR

1 & 2 bedroom apartments

£105,625 - £158,125 for a 25% share
(£422,500 - £632,500 Full Market Value)

£5,000 DEPOSIT CONTRIBUTION AT SUNNINGDALE PARK!** Welcome to Sunningdale Park, an exclusive new collection of one and two-bedroom homes uniquely nestled in 47 acres of picturesque parkland. Experience a lifestyle perfect to unwind in with nature walks right on your doorstep. Every home is finished to a high specification, with private on-site parking and AEG appliances. Find Ascot and Windsor within easy reach, where you can benefit from the Racecourse and Great Park. Set between Sunningdale and Ascot, your new home is situated in an idyllic countryside setting. You'll also benefit from a fantastic range of local amenities nearby, including prestigious golf courses and leisure facilities. Looking to travel further afield? Nearby Sunningdale station connects you to London in under an hour. Become a part of the local community at the nearby David Lloyd and leisure centres. Spend the weekends enjoying Ascot's cinemas and theatres. World-class spa hotels and restaurants such as Coworth Park and Penny Hill will be just a short drive away. *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home. Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these. **£5,000 DEPOSIT CONTRIBUTION AT SUNNINGDALE PARK, October - December 2025 1. Available on new reservations at Sunningdale Park only. Offer is to provide £5,000 towards deposit contribution on exchange of contracts. 2. Only applicable to new reservations from 11 October 2025, when reserving on or before 5.00pm on 19 December 2025. Subject to contract. Exchange of contract within 42 days. 3. An allowance of £5,000 will be deducted from your final balance to pay on completion and reflected on your completion statement as 'incentive'. 4. This offer cannot be used in conjunction with any other offer. Abri reserves the right to vary or terminate this offer at any time. Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time. 5. Legal completion must take place on or before the date agreed by the parties at the time of reservation.

Shared ownership

Orbit Homes at St James Gate

by Orbit Homes

Bulkington, Warwickshire, CV12 9NJ

2 & 3 bedroom houses

From £36,000 for a 10% share
(From £360,000 Full Market Value)

** FIRST HOMES NOW RELEASED! ** We are pleased to be offering new Shared Ownership homes at Orbit Homes at St James Gate, a new development located in the Warwickshire village of Bulkington, not far from Bedworth and Nuneaton. Perfect for those who prefer a quieter location but with easy access to surrounding towns. We have a range of 2 and 3-bed homes for sale, all built to our high specification and available to buy with Shared Ownership, the more affordable way to buy a new home. Ideal for first time buyers and families alike.

Shared ownership

Shared Ownership & Outright Sale

The Cocoa Works

by Latimer Homes

York, North Yorkshire, YO31 8TA

1 & 2 bedroom apartments

From £105,000 for a 35% share
(From £300,000 Full Market Value)

Outright Sale From: £196,950 Shared Ownership From: £105,000 for a 35% share

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: