Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

The Tetford

by Bridgfords

Ripon, North Yorkshire, HG4 2FE

3 bedroom houses

From £162,500 for a 50% share
(From £325,000 Full Market Value)

Shared Ownership Home at 50%. Designed with modern living in mind, The Tetford is an ideal home for couples or growing families who love both relaxing and entertaining. The ground floor offers a warm and inviting living room—perfect for unwinding after a busy day. Stylish sliding doors open into a spacious kitchen and dining area, creating a sociable hub for hosting guests or enjoying everyday family life. The contemporary kitchen is thoughtfully designed with ample workspace, integrated appliances, and room for a dining table seating six. Practical features enhance everyday convenience, including a separate utility room with direct garden access—ideal for outdoor gear—and a handy downstairs W/C. Upstairs, the property continues to impress with two generous double bedrooms. The main bedroom benefits from a sleek en-suite shower room, while the third bedroom provides flexibility as a nursery, home office, or guest room. Outside, French doors lead to the rear garden. The home also benefits from two private parking spaces.

Shared ownership

Up to £8,325 towards moving costs

Southmere Shared Ownership

by Peabody New Homes

Bexley, Greater London, SE2 9BS

1, 2 & 3 bedroom apartments

£83,125 - £140,000 for a 25% share
£133,500 for a 30% share
£332,500 - £560,000 Full Market Value

Lakeside living. More than just a view. Get up to £8,325 towards your moving costs when you reserve.* Discover a collection of 1, 2 & 3-bedroom lakeside Shared Ownership homes at Southmere in Abbey Wood, SE2. Imagine the scene: a beautiful new home beside Southmere Lake, amid so much green and blue space, you’ll find it hard to believe you’re still in London, yet just 11 minutes from Canary Wharf. Why buy at Southmere?- Elegant, design-led apartments with private balconies- Residents' lounge, co-working space & concierge service- Residents' cinema & entertainment room- 10-mins to the Elizabeth Line at Abbey Wood- 11-mins From Abbey Wood to Canary Wharf & 25-mins to Bond Street Register your interest to find out more and book a viewing. *Up to £8,325 towards your moving costs - T&Cs apply.Peabody will contribute 5% of the minimum share value for Shared Ownership purchases and 5% of the total value for private sale purchases, subject to availability and available on selected homes. The maximum available incentive is £32,500 for private sale and £8,325 for Shared Ownership. Monies up to the stated value of the incentive will be deducted from the completion statement at the time of completion. Purchasers will be responsible for assigning monies to the value of this incentive accordingly. Offer available per individual household/home sold and cannot be used in conjunction with any other offer unless specified. All contracts must legally complete within three months of reservation and before 28 February 2027. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit Peabody New Homes Offers. Offer valid on reservations taken between 1 October 2026 and 31 December 2026. Incentive to be managed at the discretion of the Peabody New Homes Sales Team. Prices and details correct from October 2026.

Shared ownership

Westcombe Park (Vistry Parcel 5), Heybridge

by Delta Housing

Heybridge, Essex, CM9 4HY

1 bedroom apartments, 1 bedroom maisonettes and 2 & 3 bedroom houses

£20,000 - £41,250 for a 10% share
£200,000 - £412,500 Full Market Value

A selection of one, two and three bedroom Shared Ownership homes situated on the Countyside (Vistry) section of the Westcombe Park development in Heybridge, Essex.

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: