Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Penns Field

by VIVID

Petersfield, Hampshire, GU31

1 bedroom apartments

From £57,000 for a 25% share
(From £228,000 Full Market Value)

A selection of modern 1 bedroom apartments will soon be available at Penns Field in Petersfield through Shared Ownership. These homes are available from a 25% share and offer contemporary design with practical layouts in a convenient location close to local amenities and transport links. Ideal for first-time buyers or anyone looking for an affordable way to own a home.

Shared ownership

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New collection launching summer

Moat at Morella Woods

by Moat Homes

Lenham, Kent, ME17 2LR

3 bedroom houses

From £102,500 for a 25% share
(From £410,000 Full Market Value)

Introducing a fantastic opportunity to own a beautiful 3-bedroom house through shared ownership in the charming village of Lenham. These modern family homes feature spacious interiors, contemporary kitchens with integrated appliances, a convenient downstairs cloakroom, and landscaped rear gardens—perfect for family living. With shared ownership, you can secure an affordable way to own a home in this rare and sought-after location. Lenham is a peaceful village with excellent transport links, including a nearby train station offering services to London Victoria in under 90 minutes. The area also boasts 'Good' Ofsted-rated schools, making it an ideal spot for families looking to enjoy both a tranquil lifestyle and easy access to urban amenities. Next collection release in summer 2026 | Register your interest All of our current houses are under offer, but we'll be releasing more 3 bedroom houses at Morella Woods in summer 2026. Don’t miss your chance to call this lovely village home! Register your interest today Register your interest today!

Shared ownership

Points Cross

by Guinness Homes

Leeds, West Yorkshire, LS10 1JY

1, 2 & 3 bedroom apartments and 3 bedroom houses

Prices coming soon

Introducing our anticipated Shared Ownership collection of brand-new apartments at Points Cross, Leeds - Book a Viewing! New Shared Ownership releases offering beautifully designed homes - including 1, 2 and 3 bedroom apartments and spacious 3 bedroom duplexes. This development is perfectly positioned within walking distance of Leeds Dock and Leeds Station, placing your new home in the best location for Leeds living.Development Information:1, 2, 3 bedroom apartments & 3 bedroom duplexes Leeds Dock location Allocated parking for 3 bedroom homes Staircase up to 100%Communal gardens Reserve for just £99 Contemporary City LivingEach home at Points Cross is fully fitted with contemporary finishes. Enjoy open-plan living spaces that flow seamlessly onto private balconies or terraces, perfect for relaxing or entertaining. Landscaped communal areas provide a refreshing pause from the city. With flexible commercial spaces available, Points Cross will become a dynamic location surrounded by a growing community and excellent transport links.Unbeatable LocationLive moments from the vibrant Leeds Dock, with its waterfront cafes, restaurants, and cultural attractions. Leeds Station is just a short stroll away, making commuting and exploring the city effortless. Whether you're a first-time buyer, a growing family, or a professional seeking convenience, Points Cross delivers the lifestyle you've been searching for.Living Spaces & KitchensHomes are created with contemporary styling and everyday usability. Large windows, private balconies, open layouts and modern appliances form bright, airy spaces perfect for relaxing, entertaining or working from home.Kitchen features include:Slate grey handless cabinetsMarbled laminate worktopsUnder‑cupboard LED lightingSmoked glass splashbackIntegrated fridge/freezer, dishwasher, oven and induction hob Finishes & BathroomsWith oak vinyl flooring, neutral greige bedroom carpets, porcelain bathroom tiles and clean white finishes throughout, the interiors feel both elegant and practical. Bathrooms include white sanitaryware, chrome fittings, a bath with glass screen and full‑height tiling.Register your interest for the new release of homes in 2026 - Enquire NowShared OwnershipThe Guinness Homes Shared Ownership scheme is another way to buy your home. You buy a percentage, pay rent on the rest and pay a service charge. Guinness Homes owns part of it - but you're living there, you decorate it and decide when to sell.Buying a smaller percentage means a smaller deposit and a smaller mortgage. It's a sooner first step on the ladder for lots of people. If you can afford the re-calculated monthly repayments required (as assessed by us), you can even carry on buying further shares to own it 100%.Why not enquire today and speak to our dedicated sales team to find out how Shared Ownership can work for you.

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: