Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared Ownership Homes in Zone 2

The Acer Apartments

by Legal & General Affordable Homes

White City, Greater London, W12 7LU

Studio & 1 bedroom apartments

from £105,000 for a 25% share
£420,000 - £660,000 Full Market Value

Welcome to The Acer Apartments at White City Living - a collection of studio and 1 bedroom apartments set within eight acres of parks and gardens. This isn't just a place to live - it's your gateway to London.Zone 2 LivingWith two tube stations just moments away, reach Paddington, Oxford Circus and Bond Street in under 15 minutes. Whether it's business or pleasure, London's best is always within easy reach.Next Door to Westfield LondonStep out and into Europe's largest shopping destination. From designer boutiques to rooftop dining, everything you need is right next door.Green Space Meets City PaceEnjoy the calm of Hammersmith Park and Holland Park just a short walk away providing the best of nature and city living.Designed for Modern LivingEach apartment is thoughtfully designed with full-height windows, integrated appliances, and a private balcony. You'll also have a 24-hour concierge, estate management, and a 15th floor communal roof terrace.What is Shared Ownership?Shared Ownership offers you the chance to buy a share of your home (typically between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Shared ownership

5% deposit boost available*

Highcross

by Latimer Homes

Croydon, Greater London, CR0 1NB

1, 2 & 3 bedroom apartments

£86,875 - £155,625 for a 25% share
£347,500 - £622,500 Full Market Value

5% DEPOSIT BOOST WHEN YOU RESERVE A ONE BEDROOM APARTMENT AT HIGHCROSS!* To help you make your move, we're offering a 5% Deposit Boost on all one bedroom apartments. Ready to move into now - attractive one, two and three bedroom new-build shared ownership apartments. Perfect for first-time buyers that want a short commute to Central London. Within walking distance of vibrant Croydon. Surrounded by shops, restaurants and amenities, West Croydon is perfect for your first foray onto the property ladder. Boasting excellent transport connections, Highcross is just a short walk from West Croydon station, with services to Clapham Junction and London Victoria. London Bridge is a 21-minute train journey on Thameslink from East Croydon station, less than a mile away. Parking permits available for up to two years** Coffee shops, bars and gyms are a stone's throw from these homes, which are located close to the shopping centre. Schools and primary schools are available in the area. Highcross homes are within walking distance to bus, train, and tram stations. *Terms and conditions apply. Value of incentive is up to 5% of 25% property share value. Payable on completion. No cash alternative is available. Please speak to sales advisor for full details. **Parking is on a private permit basis and to be arranged directly with the car parking landlord. Payable on completion. No cash alternative is available. Please speak to sales advisor for full details.

Shared ownership

Milton Road

by Connells

Harrow, Greater London, HA1 1AA

1 & 2 bedroom apartments

£85,000 - £105,625 for a 25% share
(£340,000 - £422,500 Full Market Value)

Shared Ownership Homes in Harrow - Available September 2025 Introducing a BRAND-NEW COLLECTION of 24 stylish one and two-bedroom apartments on Milton Road, Harrow available through SHARED OWNERSHIP. This is an ideal opportunity for FIRST-TIME BUYERS to step onto the property ladder in a vibrant North West London neighbourhood. These high-specification homes are set in the heart of Harrow, just a short walk from Harrow & Wealdstone Station, offering excellent connections to central London. The development is designed for modern living, with open-plan living areas and contemporary kitchens ideal for entertaining or relaxing. Bathrooms are fitted with high-end fixtures and fittings, bringing a touch of luxury to everyday living, while underfloor heating ensures comfort throughout. Each apartment includes a private balcony, and residents can also enjoy the landscaped communal gardens - a peaceful green space to relax and socialise. Milton Road offers a superb opportunity to own a home in a sought-after area, with shared ownership options available from as little as 25%. Prices are based on a 25% share. Register your interest now and be part of this new community. KEY FEATURES BRAND NEW 1 & 2 BEDRPOOM SHARED OWNERSHIP APARTMENTS PRIVATE BALCONY HIGH SPEC KITCHEN WITH 'A RATED' INTEGRATED APPLIANCES CONTEMPORARY BATHROOM WITH IDEAL STANDARD SANITARYWARE UNDER-FLOOR HEATING & VIDEO ENTRYPHONE SYSTEM HARROW & WEALDSTONE STATION - 13 MINS TO LONDON EUSTON OPEN PLAN LIVING

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: