Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Ashworth Place

by Live West

Exeter, Devon, EX1 4DS

2 & 3 bedroom houses

£94,500 - £112,000 for a 40% share
(£236,250 - £280,000 Full Market Value)

LiveWest is proud to present an exciting opportunity to start your journey towards home ownership at Ashworth Place, just five miles from Exeter. You’ll find everything you need nearby - from schools and shops to green open spaces - plus easy access to Exeter and beyond. East Devon has plenty to explore, including the Jurassic Coast, Exe Estuary and local beaches. You’ll also be close to Killerton estate and Ashclyst Forest for walks, and Woodbury Common for cycling and sea views. *Local connection applies to plots for plots 317, 318, 366, 367, 368, 379, 380, 393, 394 and 395.

Shared ownership

Park View

by Blenheim Estate

Woodstock, Oxfordshire, OX20 1GB

1 & 2 bedroom apartments and 2 bedroom coach houses

£112,000 - £152,000 for a 40% share
(£280,000 - £380,000 Full Market Value)

Park View is an award-winning development built by Pye Homes on the edge of the historic town of Woodstock. Combining beautifully designed, energy-efficient homes with excellent access to local amenities, Blenheim Palace and Oxford. Park View offers a unique opportunity to enjoy modern living in one of Oxfordshire's most desirable locations. Shared Ownership homes are available, providing an affordable route into home ownership. Reserve and move in before Christmas and you'll also receive a moving package worth up to £6,500*, which could include: • Flooring throughout. • Payment of the first years’ service charge • A £500 John Lewis voucher • A Blenheim Christmas tree *Offer applies to reservations made and moves completed before Christmas. Terms & Conditions apply. Incentives of up to £6,500 available on selected plots for customers who reserve and move into their new home before Christmas. Terms & Conditions: • This offer is available on selected plots only. The value of the incentive is up to £6,500, depending on the plot and the share purchased. • Contracts must be exchanged within six weeks of reservation. • The offer applies exclusively to homes completing in 2026. • The incentive includes fitted flooring throughout the property. The flooring specification is Apollo Plus Carpet in Manhattan Taupe. • No cash alternative is available. • The offer is subject to the purchaser's mortgage lender accepting a builder's incentive. • The offer cannot be combined with any other promotion unless agreed in writing. • The offer is non-transferable and may be withdrawn or amended prior to exchange of contracts. • For more information, please speak with our property team.

Shared ownership

Collaton Park

by Coln Signature Homes

Newton Ferrers, Devon, PL8 2PF

1 & 2 bedroom bungalows

£191,250 - £266,250 for a 75% share
£255,000 - £355,000 Full Market Value

Collaton Park is a visionary new community set in the heart of the South Hams, seamlessly blending sustainable, design-led homes with the breathtaking countryside that surrounds it. Offering a rare combination of contemporary living and traditional village charm, this exceptional development is more than just a collection of homes - it’s a thriving, inclusive community where residents can truly feel connected. Every aspect of Collaton Park has been carefully considered to enhance both lifestyle and well-being, from energy-efficient homes designed with modern living in mind to thoughtfully planned green spaces that celebrate the natural beauty of the South Hams landscape. The Chestnut is one of our Horizon properties, exclusively available for those over 55 years old. Collaton Park offers two types of Horizon properties, The Chestnut and the Hawthorn. The Chestnut is a single storey one bedroom home while The Hawthorne is a two bedroom home set over two floors. Both are designed with low maintenance in mind and are perfect for those looking to downsize to something more manageable. We welcome you along to take a look around, we have a four bedroom detached show home and three bedroom detached view home available to view Wednesday to Saturday between 10am and 5pm.

Shared ownershipRetirement

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: