Register Login

Shared ownership houses

Elsea Park

by Legal & General Affordable Homes

Bourne, Lincolnshire, PE10 2AQ

2 bedroom houses

£50,000 - £51,250 for a 25% share
£200,000 - £205,000 Full Market Value

VIEWING EVENT: Saturday 25th July Join us on Saturday 22nd August between 10am – 4pm for our Shared Ownership viewing event at Elsea Park, with your chance to view a selection of new Shared Ownership 2 & 3 bedroom houses available to move into now. Viewings are strictly limited and bookings are by appointment only, so call us to secure your place call or visit the Events page on our website. Elsea Park is a welcoming new community surrounded by plenty of green space just outside Bourne You will find this superb new collection of 2 bedroom Shared Ownership houses are designed for family life and modern living. Surrounded by green open spaces and several ponds, these homes are close to everyday amenities and within walking distance from the centre of Bourne, meaning everything feels within easy reach. Bourne is a place where family life feels easy, combining the charm of a historic market town with the convenience of everything you need close by. Surrounded by green open spaces, woodland walks and safe places to explore, it’s ideal for growing families to enjoy time outdoors, from Bourne Woods to the town’s parks and play areas. It is also perfectly placed for access to nearby Stamford and Peterborough for more shopping and entertainment options with a direct service to London King's Cross from Peterborough taking approx. 47 minutes. While the A15 and A1 are both easily accessible making travel to Stamford, Peterborough, Grantham and Lincoln all within an hour. Alongside this, a range of local leisure facilities, including a swimming pool, fitness centre and sports clubs, make it easy to stay active and entertained. Whether it’s school runs, weekend activities or meeting friends in local cafés and restaurants, everything feels close to hand, creating a place where families can truly feel at home. For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home. 2 Bedroom Houses Financial Breakdown: • Full Market Value: £200,000 - £205,000 • 25% Share Value: £50,000 - £51,250 • 5% Deposit of 25%: £2,500 - £2,563 • Rent on unowned share: £344 - £353 per month • Service Charge: £74- £78 per month • Council Tax Band: Tbc* Key Features: • Local amenities within walking distance • Surrounded by green open spaces and ponds • Just 6 minutes drive to the shops, bars and restaurants of the market town of Bourne • Easily accessible for local road and rail connections and direct access to London via Peterborough in 47 minutes • Rich mix of woodland, parkland and wetlands within easy reach • Family-friendly with a good selection of schools, nurseries and community facilities • Two allocated parking spaces L&G Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit. For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home. Local Area Surround yourself with nature Life in Bourne brings the outdoors into everyday living, with a rich mix of woodland, parkland and restored wetlands all within easy reach. From peaceful morning walks to family adventures, it’s a setting that naturally encourages time outside. At the heart of the town, Wellhead Park and Gardens offers 21 acres of beautifully maintained green space, known for its seasonal spring blooms, landscaped gardens and tranquil, spring-fed water features. It’s a place to pause, explore and enjoy time together, with open lawns and play areas perfect for families. Bourne Woods provides miles of walking trails beneath mature trees, ideal for weekend exploring, while nearby nature reserves open up a wilder landscape to discover. Willow Tree Fen Nature Reserve, managed by the Lincolnshire Wildlife Trust, is a unique wetland habitat where cranes and other birdlife thrive, offering a rare chance to experience nature up close. From accessible parks to protected natural spaces, Bourne places nature at the centre of daily life, creating a lifestyle where fresh air, green views and outdoor freedom are always within reach. What Is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder. L&G Affordable Homes are a Registered Provider offering these apartments 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 Elsea Park, you'll need to: • Have a combined household income under £80,000 per annum • Not already own a property, or part of a property, at the time of completing on your purchase • Be unable to purchase a suitable home to meet your housing needs on the open market • Have a minimum of £5,000 to cover the costs of buying a home • Nomination criteria may apply - please speak to our Sales Consultant for further details 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 and Cgi Disclaimer: Council tax bands are often not released until a property is complete. For guidance, please speak with a Sales Consultant or contact the local authority. Cgi interior images are indicative of house styles from the previous phase houses.
Shared ownership

Darwin Manor

by Frank Innes

Boulton Moor, Derbyshire, DE24 5BZ

3 bedroom houses

From £84,000 for a 30% share
(From £280,000 Full Market Value)

These brand-new homes at Darwin Manor in Boulton Moor, Derby offer contemporary living with all the amenities you could want close by. Choose from an attractive range of energy efficient homes, each thoughtfully designed to provide bright, generous living space that adapts perfectly to entertaining, working, family time or simply kicking back in comfort – however you wish to live your life. When you buy new at Darwin Manor, you can look forward to all the benefits of an energy and cost-efficient home along with an exquisite finish you’ll love. The high-quality kitchen and bathroom fittings, abundant storage and ready-turfed private rear garden are all evidence of our trademark close attention to detail. Located in the sought-after suburb of Boulton Moor on the southern edge of Derby, Darwin Manor offers good local amenities in nearby Alvaston Village. Here, a range of shops, restaurants and cafes mean you can easily pick up your daily essentials and catch up with friends over coffee or a bite to eat. Derby city centre is under 5 miles and offers a wider shopping experience, plus a host of attractions. Example of Financial Breakdown, this example is on Plot 148, which is a Hardwick, 3 bedroom mid terrace home: • Full market value: £280,000 • 30% share value: £84,000 • 5% deposit: £4,200 • Rent charged on un-owned share: 2.75% • Monthly Rent on un-owned share £449.17 • Monthly Estimated service charge (Includes buildings insurance): £73.82 This key information document is to help you decide if shared ownership is right for you. Please note that the examples and figures are correct at the time of issue but will change over time in accordance with changes in house prices and the terms of the shared ownership lease. Computer generated images and photography are intended for illustration purposes only and should be treated as general guidance only. Please contact us for pricing information on other available plots.
Shared ownership

Crescent Gardens

by Regenta

Croydon, Greater London, CR0 6GN

2 bedroom apartments

From £110,000 for a 25% share
(From £440,000 Full Market Value)

£5,500 Deposit Boost available Crescent Gardens offers a stunning new collection of two bedroom Shared Ownership apartments set in vibrant East Croydon. Crescent Gardens is in one of the best locations in East Croydon to benefit from the amazing travel connections. It is the perfect place to put down roots in a home of your own and enjoy all that this location has to offer. In this central spot you'll always find something new to discover whether it's indulging in some retail therapy, heading to a concert or enjoying the taste of a new cuisine.
Shared ownership
Please search and select a location, postcode developer or development

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:

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

Shared ownership providers

The following housing associations and developers have shared ownership properties available throughout the UK which you can enquire via this website: