Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

£1,000 Deposit Boost Contribution*

Perry Barr Village

by Legal & General Affordable Homes

Birmingham, West Midlands, B42 2SY

1 & 2 bedroom apartments

from £37,750 for a 25% share
£147,000 - £204,000 Full Market Value

** OPEN DAY EVENT: Saturday 18th April ** Join us on Saturday 18th April between 9:30am – 4pm for our exclusive Shared Ownership viewing event at Perry Barr Village, and explore the development and 1 and 2 bed apartments available.Viewings are strictly limited and bookings are by appointment only, so to secure your place call us or request a place via the events page on our website.Welcome to Perry Barr Village a new community in the heart of the West Midlands - Move in now - plus receive a £1,000 Deposit Boost Contribution* A superb collection of 1 and 2 bed apartments available to move in now with Shared Ownership, across 3 separate blocks, with attractive communal spaces and a great location in Perry Barr, with Birmingham just 13 minutes away from the nearby station.You will find a new community, designed with high levels of sustainability, with shared public spaces, tree lined streets, with a green central space including a basketball court and children's play area at its heart.These one and two bedroom apartments offer contemporary living with modern interiors finished to high specifications throughout. Presenting a range of designs, the apartments are generously sized and offer high quality kitchens with integrated appliances, flooring throughout and high quality bathroom fittings.Perry Barr is perfectly positioned and is designed with accessible transport in mind - no on-site parking, but everything you need is just steps away, including a great range of local shops and restaurants - the One Stop shopping centre is directly opposite, plus many amenities, schools, parks and open spaces close to hand. with Perry Barr railway station and several bus stops also close by, giving you great options for commuting. *A £1,000 deposit boost contribution amount is available for new home purchasers who reserve any 1, or selected 2 bedroom apartment that comes without allocated car parking, made between 1st March to 31st May 2026. See our website for full terms and conditions or speak to one of our Sales Consultant team.For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.Available to purchase from a 40% share Financial Breakdown: Full Market Value: £147,000 - £227,50040% Share Value: £58,800 - £91,0005% deposit of 40%: £2,940 - £4,550Rent on unowned share: £202 - £313 per monthService Charge: £186.13 - £259 per monthCouncil Tax: TBC* Key Features:Available to move in now£1,000 deposit boost contribution offer*Conveniently located close to the city centrePerry Barr station opposite - only 13 mins train into Birmingham New StreetLocated opposite the One Stop Shopping centreBeautiful landscaped communal gardensPrivate balcony or terrace to selected apartmentsOven, hob and integrated hoodIntegrated fridge/freezer & dishwasher to most apartmentsFreestanding washer/dryer to utility cupboard WHAT IS SHARED OWNERSHIP?Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.ELIGIBILITY CRITERIA:To be eligible for a home at Perry Barr Village, you'll need to:Have a combined household income under £80,000 per annumNot already own a property, or part of a property, at the time of completing on your purchaseBe unable to purchase a suitable home to meet your housing needs on the open marketHave a minimum of £5,000 to cover the costs of buying a homeCustomers with a live/work connection to Birmingham will be prioritised If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.Council Tax: TBCCouncil tax bands are TBC and often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.Interior dressed CGI images are a representation taken in actual 1 & 2 bed apartments in the Aldridge Collection at Perry Parr Village - styles and layouts vary.

Shared ownership

Hyde New Homes at Kidbrooke Village

by Hyde New Homes

Greenwich, Greater London, SE3 9FW

1, 2 & 3 bedroom apartments

From £108,000 for a 30% share
(From £360,000 Full Market Value)

An exceptional collection of 1, 2 and 3 bedroom shared ownership apartments in the Royal Borough of Greenwich. Greenwich is just 12 minutes* away by train from Kidbrooke Village, offering plenty to explore both day and night. Blackheath, one of London’s and most charming villages—is only a 15 minute* walk from your doorstep. Be part of an established, thriving community with superb amenities and excellent connectivity from Kidbrooke station to London Bridge in just 16 minutes*. The Hyde Difference - Every home features a wealth of fixtures and fittings at no extra cost! - Parking to selected homes - Flooring included throughout - Kitchen appliances included - Balcony or terrace - Energy efficient homes Marketing suite and show home viewings take place Tuesday - Saturday, 10 am - 4 pm, by appointment only. Book online or call 0204 635 0690 Your New Chapter Zone 3 location with convenient access into central London Well-positioned for transport, shops, schools and local parks Ease of access to public transport into London and beyond Surrounded by over 86 acres of open parkland On site Sainsbury’s, Young’s Pub and Starbucks The Hyde Difference Over 90% customer satisfaction for 12 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 993 year lease Quality flooring includes.

Shared ownership

Stonecross Vale

by Snugg Homes

Winsford, Cheshire, CW7 3AD

2, 3 & 4 bedroom houses

From £55,000 for a 25% share
(From £220,000 Full Market Value)

Snugg Homes is delighted to present this fantastic new development in Winsford, Cheshire. The development comprises of spacious 2, 3 & 4 bedroom semi-detached homes. IMPORTANT INFORMATION – Please note, the service charge may be different for different house types. The service charge shown here is the highest amount payable PCM of any of the house types on Phase 4.

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: