Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Mansion House – Port Loop

by Spicerhaart

Birmingham, West Midlands, B16 0AF

2 bedroom apartments

From £68,750 for a 25% share
(From £275,000 Full Market Value)

Welcome to Mansion House, Birmingham’s newest canal side apartments, located at the award-winning Port Loop development. Designed by shedkm architects, these modern two-bedroom homes offer spacious and bright living areas, with large windows and high ceilings that flood the interiors with natural light. Each apartment features a private balcony, generous living spaces, and a dual-aspect design. Key Features: * Bright, Spacious Living Areas: Open-plan designs with large windows. * Two Bedrooms: Thoughtfully designed for comfort. * High Ceilings: Creating an airy, grand ambiance. * Private Balcony: Your own outdoor retreat. * Modern Features: State-of-the-art appliances and sleek interiors. * Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection. Port Loop Community: Situated in a vibrant community, Mansion House offers easy access to local amenities, parks, shops, and cultural attractions. Nestled between Birmingham Canal Old Line and the Birmingham Canal, Port Loop is just a 15-minute walk from Birmingham city centre. Its island location was once the industrial heart of the city, so the tow paths that served it provide superb, direct routes to the city centre. You can go by foot or jump on a bike. This is more than just a home; it’s a lifestyle that values sustainability and neighbourly connections.

Shared ownership

Latimer at Marleigh

by Latimer Homes

Cambridge, Cambridgeshire, CB5 8AA

2 bedroom houses

£162,525 - £196,350 for a 33% share
£492,500 - £595,000 Full Market Value

£6,000 deposit boost* Located just three miles east of Cambridge city centre, Marleigh is a vibrant new community of high quality homes and great amenities. We're pleased to offer a range of one and two bedroom apartments and two bedroom houses with shared ownership. *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.

Shared ownership

Foundry Close

by Southern Housing New Homes

Hurst Green, East Sussex, TN19 7FH

3 bedroom houses

£99,375 - £105,000 for a 25% share
£397,500 - £420,000 Full Market Value

My first wish for 2026 is to move in! 🏠🎉We're giving a £1,000 deposit boost to the first two people who reserve one of our final four 3-bedroom homes at Foundry Close by 8th January 2026. A little sparkle to start your move-in journey*. ✨Final three bedroom Shared Ownership houses ready to move in at Foundry Close. Tour our beautiful homes, ready for you to move in. You're invited! Explore our exceptional development during our December open days - 13th & 20th Book your viewingWelcome to Foundry Close, a brand new boutique development offering 2, 3 & 4 bedroom Shared Ownership houses in the picturesque village of Hurst Green, East Sussex. These homes have been thoughtfully designed with a contemporary specification, community in mind and everyday livingThe beautiful and idyllic village of Hurst Green, East Sussex is contained within the High Weald Area of Outstanding Natural Beauty (AONB). The vision for the local area is to continue to have a high quality of life, build a more sustainable future and improve economic and social wellbeing with local amenities, enhanced connectivity and protecting the outstanding natural environment.Foundry Close has an abundance of outdoor green space outside the development and in the surrounding areas. The development will benefit from spacious homes, allocated parking, private rear gardens and Hurst Green Station has good transport links to London and East Sussex.Virtual interior images are used for illustrative purposes only.*£1,000 deposit contribution incentive is available to the first two reservations made by 8th January 2026. The £1000 will be a deduction from the final balance due to Southern Housing upon completion. Buyers must exchange within 30 days of Memorandum of Sale and complete within 10 days of exchange. Terms and conditions apply. Offer can be withdrawn at any time and is not available in conjunction with any other offer. Buyers are only entitled to one incentive with their purchase.

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: