Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Final opportunity to secure a home here — one plot left

Martello Lakes - Linden

by Home Reach

Hythe, Kent, CT21 4AA

3 & 4 bedroom houses

From £124,499 for a 30% share
(From £414,995 Full Market Value)

Final Opportunity — One Home Remaining 5% Deposit from £6,225 This is your last chance to secure a home at Martello Lakes, with just one plot remaining and Shared Ownership available from only a 5% deposit. Martello Lakes is a collection of beautifully designed 3 and 4 bedroom homes on the stunning Kent coastline, perfectly positioned between open countryside, tranquil fishing lakes and the sweeping views of the English Channel. The historic seaside town of Hythe and its beach are just a 5‑minute drive away, offering the best of coastal and countryside living. With demand high and availability now extremely limited, this is a rare final opportunity to become part of this sought‑after development. Images are for illustrative purposes only. Please speak to a Sales Adviser for full details. EPC / PEA Rating: B

Shared ownership

Williamson Heights

by Red Loft

Wembley, Greater London, HA9 0JZ

1 & 2 bedroom apartments

£96,250 - £130,000 for a 25% share
£385,000 - £520,000 Full Market Value

Located in the heart of Wembley, Williamson Heights offers a stylish collection of contemporary 1 and 2 bedroom apartments, designed for modern London living. These well-appointed homes feature open-plan layouts, high-quality finishes and private balconies, complemented by an impressive range of on-site amenities that enhance everyday life.Residents can enjoy access to a communal gym, cinema room, co-working and workspace areas, a large rooftop terrace and a dedicated play area, creating a vibrant community atmosphere above the city. Available through the Shared Ownership resale scheme with shares from 25%, Williamson Heights presents an excellent opportunity to step onto the property ladder in one of north-west London's most dynamic neighbourhoods.Key FeaturesContemporary 1 and 2 bedroom apartmentsAvailable through Shared Ownership from a 25% shareOpen-plan living, kitchen and dining areasModern kitchens with integrated appliancesPrivate balconies to all apartmentsCommunal gym, cinema room and workspace areasLarge rooftop terrace and landscaped communal spacesConcierge service for residentsPrime Wembley location close to key transport linksLocation Williamson Heights is superbly located in the heart of Wembley, just moments from the London Designer Outlet, offering a wide range of retail, dining and leisure options. Wembley Stadium and Boxpark Wembley are also within easy reach, placing world-class entertainment right on your doorstep. For commuters, Wembley Park and Wembley Stadium stations are close by, providing excellent connections across London and beyond, including fast access to central London destinations.Please be advised that all homes at Williamson Heights are resale properties, sold as seen, and are not covered by a defects warranty.*images shown are of Flat 117 Williamson Heights.

Shared ownership

Exclusive offers available*

L&Q at Bankside Gardens

by L&Q

Reading, Berkshire, RG2 6AB

1 & 2 bedroom apartments

£71,875 - £99,375 for a 25% share
£143,750 - £198,750 for a 50% share
£287,500 - £397,500 Full Market Value

Reserve a selected Shared Ownership home between 1 April - 2 May 2026 with a £99 reservation fee and receive £1,500 towards buying costs!*Prices start from £71,875 for a 25% share of a 1 bedroom apartment*Prices start from £87,500 for a 25% share of a 2 bedroom apartment* Now 67% sold! Register your interest to find out more. L&Q at Bankside Gardens presents a contemporary collection of 1 & 2 bedroom Shared Ownership apartments in the leafy subarbs of Reading, perfect for those looking to escape city life and embrace peaceful waterside living.Set among a network of lakes and 22 acres of open parkland, Bankside Gardens offers a peaceful setting designed for rest and relaxation. With Reading Green Park station only a 3 minute* walk away, you are able to go straight to Reading Central station, taking you out to the capital in under half an hour.** Reading town centre is also just a 7-minute drive away, providing an excellent selection of bars, restaurants and leisure facilities to enjoy.All homes feature a fully-inclusive specification, including integrated appliances, flooring, as well as private outdoor space and one allocated parking space. Residents at Bankside Garden can also enjoy access to a range of fantastic on-site amenities including a Tesco Express and The Residents' Club 51. From a concierge service and fully equipped gym to a private cinema and co-working space, everything you need for the perfect work-life balance is right on your doorstep.A fully inclusive specification at no additional costFlooring to living/kitchen areas, hallway and storage /utility cupboardCarpet to all bedrooms throughoutCommunal heating system includedPaint to all walls and ceilingsLarge aspect composite windows and doorsWasher dryer positioned in storage / utility cupboardDouble wardrobe to master bedroom with mirrored sliding doors (wardrobe)Contemporary tiled bathroomContemporary kitchen with soft close doorsand drawers and matching upstandStainless steel splash backLED pelmet lighting to wall unitsIntegrated appliances including oven, ceramic hob, fridge/freezer, dishwasher and extractor Unfamiliar with Shared Ownership?Under the Shared Ownership scheme, you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.The minimum share you can purchase is 25%, and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.Register your interestRegister your interest now to find out more information and book a viewing!L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. The buying cost will be paid by way of deduction from monies due at completion of the purchase. For full terms and conditions visit lqhomes.com/terms-and-conditions. Shared Ownership terms and conditions apply. Prices start from £71,875 for a 25% share of a 1 bedroom apartment at L&Q at Bankside Gardens. Full market value of £287,500. Prices start from £87,500 for a 25% share of a 2 bedroom apartment at L&Q at Bankside Gardens. Full market value of £350,000.. Please visit lqhomes.com/shared-ownership for more information. Times obtained from Google Maps.

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: