Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Saltwood Avenue

by Mann

Dartford, Kent, DA9 9TH

1 & 2 bedroom apartments

£104,000 - £116,000 for a 40% share
(£260,000 - £290,000 Full Market Value)

Discover Saltwood Avenue, a stunning collection of contemporary 1 and 2 bedroom apartments set within the beautifully regenerated grounds of a former chalk quarry in Dartford, Kent. These stylish new homes combine modern design with a sense of natural tranquillity — offering the perfect balance between town and country living. Each apartment features spacious open-plan layouts, sleek fitted kitchens with integrated appliances, and private balconies or terraces that invite light and fresh air throughout. Landscaped communal areas and green open spaces create a welcoming neighbourhood feel, while energy-efficient design ensures comfort and sustainability. Perfectly positioned for commuters, Saltwood Avenue offers excellent transport connections — with Dartford and Stone Crossing stations nearby and Central London just under an hour away. Local shops, schools, and leisure amenities are all within easy reach, making it an ideal location for professionals, couples, and young families alike.

Shared ownership

Shared Ownership & Outright Sale

The Cocoa Works

by Latimer Homes

York, North Yorkshire, YO31 8TA

1 & 2 bedroom apartments

From £105,000 for a 35% share
(From £300,000 Full Market Value)

Outright Sale From: £196,950 Shared Ownership From: £105,000 for a 35% share

Shared ownership

Final Units Remaining, Reserve Now

Great Haddon by NewArch Homes

by SO Resi

Peterborough, Cambridgeshire, PE7 7AW

2 bedroom apartments

From £48,750 for a 25% share
(From £195,000 Full Market Value)

SO Resi is proud to partner with NewArch Homes and act as the sales and marketing agents for this new development of two-bedroom apartments, which is situated within easy reach of Peterborough City Centre. Great Haddon offers newly built 2-bedroom apartments, which are perfect if you're a first-time buyer or a family looking to settle down. You will have amenities: shops, bars, restaurants and schools in the neighbouring villages and Peterborough. Great Haddon is part of the larger consortium, Great Haddon Wood, a large parcel of land undergoing a significant program for new homes and building a new and thriving community with sustainability as a key focus. If one of our new homes for sale sounds ideal for you, register your interest today to get the ball rolling. Key features Allocated parking to all properties Fully fitted kitchens Spacious layout Within easy reach of Peterborough City Centre Location Great Haddon by New Arch Homes is ideally situated in a well-connected area just five miles south-west of Peterborough. The villages of Stilton and Yaxley provide plenty of amenities and a real community feel. Although not officially the home of the famous blue cheese, Stilton was the original location for its sale. It's a warm and friendly village with plenty of character and history to match. Stilton has an honest and hospitable community spirit, which you can experience at local watering holes such as The Talbot Inn and The S Bar. Yaxley is a larger village just down the road from our new build development. The local football team, Yaxley FC, offers some impressive facilities. There are many bars, pubs and restaurants to experience if you fancy getting out and about. Some local favourites include Antonino's Pizzeria and The Farmers Carvery & Grill. You're only a short drive to some areas of spectacular natural beauty, including Crown Lakes Country Park, Ferry Meadows and Holme Fen National Nature Reserve. The delights of Rutland Water, which boasts one of the most stunning nature reserves in the country, are only 20 miles away, too. There's a Tesco and Aldi just seven minutes away for your shopping needs. You can reach the local doctors, dentist and hospital in less than a 20-minute drive. Remember, Peterborough is only a quarter of an hour away from any other shops or services you need. Local Schools These apartments are well-positioned for families to access various Ofsted-rated schools. For primary education, there is Stilton C of E Primary Academy, Yaxley Infant School and Hampton Hargate Primary School, the latter of which is rated outstanding by Ofsted. If your kids are older, you could enquire at William de Yaxley C of E Academy, Hampton Gardens School, Nene Park Academy or Stanground Academy. University Centre Peterborough is only a short drive away and offers excellent education and employment opportunities for the local community. Transport and Travel Our new houses for sale near Stilton and Yaxley have fast access to the A1(M). This road can take you north to Edinburgh or south towards London. Regular buses are also available around the area, with the 904 service to Peterborough city centre taking around 30 minutes. The development is just a 14-minute drive from Peterborough station, from where you can take direct trains to London King's Cross, London St. Pancras, Cambridge, Stansted Airport, Birmingham New Street, and Nottingham. Please note that this show home has been virtually staged for illustrative purposes only and may not reflect the actual condition or furnishings of the property.

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: