Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Angel Heights

by Bairstow Eves

Croydon, Greater London, CR0 1LZ

1, 2 & 3 bedroom apartments

£86,875 - £155,625 for a 25% share
(£347,500 - £622,500 Full Market Value)

Reserve your new shared ownership home for £26 for the first 26 days in 2026. Terms apply. 5% Deposit Contribution on selected plots at Angel Heights, worth up to £5,000* Brand new one-, two- and three-bedroom apartments located in the heart of Croydon. These high specification apartments include stylish fitted kitchens in a sleek grey, with integrated appliances, bathrooms with fitted furniture and modish matt black taps. Each apartment has Amtico flooring throughout, with carpets to the bedrooms and benefits from a private covered terrace, perfect for all year-round use. Boasting excellent transport connections, Angel Heights is a 3-minute walk to West Croydon station, with services to Clapham Junction and London Victoria. London Bridge is a 21-minute train journey on Thameslink from East Croydon station, less than a mile away.

Shared ownership

The Maples

by Persimmon Homes

Weston, Lincolnshire, PE12 6RA

2 & 3 bedroom houses

£100,000 - £147,500 for a 50% share
£200,000 - £295,000 Full Market Value

Welcome to The Maples – a welcoming community of beautiful new houses for sale in Spalding Nestled in the peaceful village of Weston, The Maples brings you a collection of two, three, four and five-bedroom homes designed for modern living. This development is all about space – both inside and out – with energy-efficient homes set against a backdrop of open countryside. A green heart at the centre of Weston living Life at The Maples revolves around its generous green spaces. At the heart of the development, you’ll find a large, landscaped area complete with a play park – a perfect spot for children to play and neighbours to meet. If you’re looking for new homes in Weston that put outdoor living first, this is the place. Well connected for work and play, close to Holbeach and Peterborough Despite its rural charm, Persimmon Homes' The Maples is just minutes from the A16, giving you easy access to Spalding, Holbeach and Peterborough. Spalding train station, only 4 miles away, offers direct services to Peterborough and Lincoln for stress-free commuting. Everyday essentials close by Weston has a village store and post office for daily needs, while Spalding offers supermarkets, schools and leisure facilities. Holbeach is also nearby for even more choice. Explore the outdoors in Weston Step outside and enjoy the Lincolnshire countryside, with scenic walks and cycle routes on your doorstep. For a change of scene, the Norfolk coast is within easy reach for family days out. Ready to make your move? To explore our new houses for sale in Spalding and start your new build journey, speak to one of our sales advisors today.This development offers the following schemes:Forces Help to Buy Scheme: Support for British Armed ForcesDeposit UnlockBank of Mum and DadPart Exchange your HomeHome ChangeEarly Bird SchemeDeposit Boost: 5% Deposit Contribution SchemeArmed Forces, Key Workers & NHS Discount SchemeOwn New Rate Reducer SchemeNew Build BoostSchemes are available on selected plots only, subject to status, terms and conditions apply. Contact the development for latest information.The Post Office and Village Stores, Weston St Mary CE primary school and the community hall are all focal points in village life here. Spalding and Holbeach are conveniently close for a wider range of shops, services and secondary schools, including Spalding Academy and Spalding High School. The Springfields Shopping Outlet is just 3 miles away on the outskirts of Spalding and 5 miles away the superstore on the edge of Holbeach will cover all you might need. Spalding’s town centre adds cafés and independent shops to the list as well as leisure and health services, and a community hospital.Weston is a stone’s throw from the historic fens. This is a unique area just inland from The Wash, covering 500 square miles. Exploring this landscape will give you a real insight into the history of your local environment and the market towns that have played a part in life here. At the same time, you will be able to discover and enjoy all the walks and cycle routes that this area offers.For business and pleasure, the A15, A16 and A17 are the closest main routes that serve Weston, Lincolnshire and the East Midlands. Together, they connect with Peterborough, Kings Lynn, Sleaford, Lincoln and Grimsby. The A1 is a bit further to the west and is a great route if you want to travel even further afield. Stagecoach East Midlands operates the services that link Weston and the other villages in the area with Spalding and Kings Lynn. The nearest train station is in Spalding, 4 miles away, with services provided by East Midlands Railway.Monday 10:00 - 17:00, Tuesday Closed, Wednesday Closed, Thursday 10:00 - 17:00, Friday 10:00 - 17:00, Saturday 10:00 - 17:00, Sunday 10:00 - 17:00

Shared ownership

The Manse Collection

by Persona Homes

Knaresborough, North Yorkshire, HG5 0SP

2 & 3 bedroom houses

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

Country living, great connections The Manse Collection offers new two and three-bedroom homes located near to Knaresborough town centre. This charming town in the Nidderdale Area of Outstanding Natural Beauty, offers a great range of shops, bars and restaurants. Located off the A59, The Manse Collection also gives you the best of rural living with great connections to the bigger cities of Leeds, York and beyond. Our two and three-bedroom homes are available across two neighbouring developments; Castle Gate and Trinity Fields. We have now reserved all our homes but we do have more coming to market very soon. Register to your interest to be the first to find out more

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: