Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Fount Spring Place

by Southern Housing New Homes

Kenley, Surrey, CR8 3BZ

1 & 2 bedroom apartments

£76,250 - £99,375 for a 25% share
£305,000 - £397,500 Full Market Value

A little extra help towards your new home - reserve at Fount Spring Place by 30th November 2026 and we'll boost your deposit with up to £5,000.* Consider it our way of giving your savings a helping hand.Final Homes Open Day at Fount Spring Place- Book Viewing today to experience what makes this home so appealing. A collection of one & two bedroom Shared Ownership apartments in Purley, Croydon - designed by award-winning architects Proctor & Matthews. Benefits of living at Fount Spring PlacePrivate balcony or terrace to each home Integrated appliances Communal courtyard & gardens Stylish high ceilings These modern homes, adjacent to Purley Cross, are positioned in a convenient, accessible and vibrant part of the London Borough of Croydon. Each home has been thoughtfully designed to feel both private and connected. With a personal balcony or terrace, light-filled living spaces and quality finishes throughout. Purley Station, local cafés and shops, are all just moments away. With a secure bike store and everything you need close by, these homes offer the perfect balance of comfort and convenience.Shared Ownership What are the benefits?Low deposit - you only pay from 5% of the share you are buying.Flexibility - you choose when you want to purchase extra share of your home.Accessibility - Shared Ownership helps you get a mortgage even with a lower salary.Lower costs - Monthly costs can work our cheaper than renting privately. To be eligible for Shared Ownership:Your household income must be no more than £90,000.You cannot own another property at the time of completing your purchase. You must have an offer on your current property to be able to reserve a new home.You must be over 18 years of age and able to obtain a mortgage. You can read our buying guides for more information or listen to our podcast for on the go learning!*£5,000 deposit contribution incentive is available for the last three apartments at Fount Spring Place. For new reservations only. To qualify, MOS must be issued before 30th November 2026 and completion to take place no later than 31st December 2026. The £5,000 will be a deduction from the final balance due to Southern Housing upon completion. Offer can be withdrawn at any time and is not available in conjunction with any other offer. Buyers are only entitled to one incentive with their purchase. Speak to a member of the sales team for more details.

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

Odyssey Square

by PA Housing

Croydon, Greater London, CR2 6FZ

1 & 2 bedroom apartments

£78,125 - £104,375 for a 25% share
£312,500 - £417,500 Full Market Value

Odyssey Square offers a collection of Shared Ownership apartments in South Croydon, featuring a selection of beautifully designed one and two-bedroom homes. Set around a landscaped communal courtyard, this vibrant development creates a welcoming environment for singles, couples, and families alike.Each apartment features a light-filled living space, thoughtfully designed to maximise natural light and comfort. High-quality specifications come as standard, alongside the added benefit of a private outdoor space for every home, as well as access to the shared courtyard.Located in the heart of Greater London, South Croydon offers a unique blend of heritage, culture, and contemporary convenience. From its rich history and diverse retail options to its notable landmarks, the area continues to attract residents seeking a dynamic and well-connected place to live, work, and enjoy.Now offering £2,500 cashback on completion and £1,000 towards defects. T&Cs apply*. Ask our Sales Executive for more information. Please note plot B4.02 is not part of this offer.*Offer subject to new reservations made by 31 October 2026.Disclaimer: These details are for guidance only and do not form part of any contract. All photographs are for style purposes only. Some images are computer generated and are intended as general indication only. Specifications are subject to change. Details and landscaping may vary. All floor plans are approximate and not to scale. All distances and maps referred to are approximate and for general guidance only.

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: