Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Axion House

by Mann

Lewisham, Greater London, SE13 7GE

1, 2 & 3 bedroom apartments

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

A brand new, development for shared ownership which are now fully completed and ready for occupation immediately. Situated beside the River Ravensbourne, in the heart of Lewisham Centre, with excellent transport links to central London and Canary Wharf. The development comprises a range beautifully designed and constructed 1, 2 & 3 Bedroom apartments and duplexes which have been carefully thought through to maximise living spaces. Call our Lewisham Office today to register your interest and arrange a viewing one of stunning homes.

Shared ownership

Finchwood Park

by VIVID

Finchampstead, Berkshire, RG40 4AW

1, 2, 3 & 4 bedroom houses

From £63,750 for a 25% share
(From £255,000 Full Market Value)

> Available to buy with Shared Ownership > Minimum share from 35% > Local applicants will have priority We know you’d love to view our new homes, but due to COVID19 we are only able to arrange viewings for those people who have applied for a home (completed the application form) and have passed the eligibility assessment, so we know we can progress the sale. We can also only arrange a viewing if we have the keys for a property so until we have taken handover, the builder still owns the property and access to the homes is limited for health and safety reasons. Thank you for your patience. Finchwood Park sits just three miles from Finchampstead, an extremely small and pretty village in Berkshire. This beautiful new development is going to be built in a traditional style to compliment the homes in the existing community, surrounding woodland, trees and hedgerows. Finchwood Park surrounding area Finchwood Park is close to Wokingham, with a host of supermarkets including a Tesco, Waitrose, and Sainsbury’s, all within a five mile radius. There are a selection of convenience stores, cafes and rural pubs close by. Only a short drive away, you’ll find a larger selection of shops, restaurants and facilities in the surrounding towns of Bracknell, Reading and Camberley. The area also benefits from a wide range of outdoor leisure facilities nearby including Wellington Country Park and Swinley Forest. Although Finchampstead doesn’t have its own train station, commuters have a choice of nearby Crowthorne or Wokingham stations, both of which provide regular services to London in less than an hour. Find more information and details about the area in our Wokingham area guide. Finchwood Park travel links Bohunt Secondary School is in catchment and just three minutes’ drive away. A new primary school has also been planned on-site.* In 2017 The Times newspaper voted Finchampstead as one of the most desirable places to live in the UK.* 12 minutes’ drive to California Country Park* 15 minutes' drive to Wokingham train station* 23 minutes’ drive to The Oracle Shopping Centre in Reading* 25 minutes’ drive to Camberley* Great links to the M3 and M4* Finchwood is just over 20 miles from Slough and Windsor* Over 140 acres of public open spaces* New footpaths and cycleways* *Source – Google maps, March 2020 Images shown may be photographs or CGI (computer generated images) of current or coming soon properties. Photographs or CGI images are produced in good faith as visual representations to give potential customers a representation of each house or apartment. They may not represent a specific plot, the finishes, plot sizes and landscaping will vary. For full details of specific plots, please refer to one of our Sales Team members.

Shared ownership

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Lombard Square Shared Ownership

by Peabody New Homes

Plumstead, Greater London, SE28 0FA

1 & 2 bedroom apartments

£99,000 - £117,500 for a 25% share
(£396,000 - £470,000 Full Market Value)

New 1 & 2-bedroom homes now launched in Plumstead, SE28 Lombard Square is a brand-new collection of Shared Ownership apartments in the Royal Borough of Greenwich, in southeast London. Reserve your new home and we'll contribute up to 5% of your deposit.* What to expect at Lombard Square: - Experience nature all around you with a new 1.8-acre Garden Square- Gym, coffee shop and Tesco Express on your doorstep*- Take a 10-minute stroll to the Royal Arsenal Riverside and River Thames- Catch direct trains to Canary Wharf, Liverpool Street & London Bridge- Prime connections with Plumstead station just a 5-minute walk, and Woolwich and Woolwich Arsenal stations close by*- Wheelchair adaptable homes available Register your interest and find out more about the new homes! *Your move, your way incentive T&C's:*5% deposit boost available on selected homes <Gilham House (Plot 104, 106, 212), Hopper House (Plot 202, 210, 810), Burrell House (Plot 109, 201, 203), Dray House (Plot 102, 301, 505) and Kubrick House (Plot 102, 209, 210)>. The buyer is only expected to find a deposit of 5% of the value of their share value of the property, and will benefit from 5% deposit boost post-completion. Contribution available in the form of a 5% deduction from your completion statement. Offer per individual household/home sold and cannot be used in conjunction with any other offer. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit peabodynewhomes.co.uk/offers. Incentive valid on reservations taken from 15 July 2026 - 30 September 2026. Prices and details correct from July 2026.

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: