Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

The Cornish Quarter

by Bovis Homes

Wadebridge, Cornwall, PL27 6AY

2 bedroom houses

£140,000 for a 50% share
£280,000 Full Market Value

Discover a range of beautifully crafted 2, 3, 4, and 5-bedroom homes at The Cornish Quarter.Nestled in the quintessential Cornish town of Wadebridge, these homes are ideal for families, couples, and downsizers seeking to settle in an area of outstanding natural beauty. With stunning coastlines, lush outdoor spaces, and excellent shopping facilities, our new homes offer the perfect setting to enjoy a relaxed pace of life in the heart of Cornwall. Each home blends modern design with local character and features thoughtfully laid-out spaces that reflect the region's natural charm-making everyday living simple and enjoyable. Considering shared ownership? Estimate your monthly costs CLICK HERE What's my budget? Check your affordability CLICK HERE

Shared ownership

Lyon Quarter

by Guinness Homes

Hove, East Sussex, BN3 1RX

1 & 2 bedroom apartments

£83,750 - £117,500 for a 25% share
£335,000 - £470,000 Full Market Value

HOMES OVER 85% SOLD!Lyon Quarter is a new neighbourhood located in sought after Brighton & Hove. These Shared Ownership homes in Brighton and Hove offer a stylish selection of studio, 1, 2 & 3 bedroom apartments.Designed to suit you, Lyon Quarter is only 15 minutes from the beach and close to a vast selection of the restaurants and bars in the centre of Hove.Living in Hove is a unique and vibrant experience. With its colourful blend of history, culture, art and coastal beauty, it's an ideal place for both individuals and families. Known as "London-by-the-sea", Brighton offers lively nightlife, a renowned music scene, eclectic shopping lanes and fantastic restaurants.Hove exudes a quieter charm with its elegant Regency architecture, wide boulevards adorned with elm trees and tranquil seafront promenades. The city is also home to some of the UK's best schools and boasts excellent transport links to London. The diverse cultural mix, coupled with the relaxed seaside vibe, makes Brighton and Hove a truly distinctive place to live in.Apply today or enquire with the sales team for more informationThis development is car-free, meaning residents cannot apply for parking permits or use street parking nearby. For exceptions to this or more information, please speak to a member of the sales team. This policy complies with Local Authority planning conditions and cannot be changed by Guinness. Development scope and tenure subject to change.What customers say about this development:"My previous apartment was in the middle of a built-up area, and the surrounding buildings meant that it was always in darkness. My new apartment is the complete opposite, which really puts a smile on my face." "The development is tucked away, which allows my apartment to be a sanctuary where I can unwind. It's always peaceful, even on my balcony.""I was very nervous at the beginning but my sales representative was incredibly helpful. He talked me through the process step-by-step, answering any questions quickly. The Guinness Homes team really went above and beyond."Nigora, Lyon QuarterLocal Area Information:There's something special about waking up in Hove, Brighton's laid-back neighbour. Each day is an opportunity to live exactly how you'd like. With its colourful blend of history, culture, art and coastal beauty, it's an ideal place for both individuals and families. No matter what you do, you can't go wrong as the development is ideally situated around all that Brighton and Hove have to offer, providing the perfect place to call your home.Walk to Brighton beach in 15 minutesNear local bars & restaurants Less than 1 mile away from Hove Railway Station Travel to London in just over an hour

Shared ownership

Seasalter Meadows

by Hyde New Homes

Seasalter, Kent, CT5 4BS

2, 3 & 4 bedroom houses

From £138,000 for a 40% share
(From £345,000 Full Market Value)

Launching mid 2026, a brand new development of 2, 3 and 4 bedroom homes offering the perfect blend of coastal and country living. Register your interest now to receive the latest news and keep up to date with the launch date! Discover coastal village life at Seasalter Meadows in the idyllic Kent countryside. Close to Seasalter village centre and with a range of amenities nearby, Seasalter Meadows is perfectly placed for quick access to major road links, Whitstable rail station and local bus routes as well as primary and secondary schools. An exciting new development, ideally located between the coast and the countryside, close to Whitstable, ideal for first-time buyers and growing families. The Hyde Difference Over 90% customer satisfaction for 13 consecutive years Experienced in house sales team to help you with the process to owning your own home Option to purchase more shares and own your home outright at any time High specification as standard Contemporary kitchen units with integrated appliances at no extra cost Quality flooring included

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: