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Shared ownership houses

If you are looking for new home developments that are available for purchase with the Shared Ownership scheme, use the search bar above to find homes in the area you want to live, and select Shared Ownership from the filter.

What is shared ownership?

Shared Ownership is a government-backed incentive scheme that allows you to buy a share of a new house (usually between 10% and 75% of the home’s value in England) and pay rent on the remaining part. Shared Ownership is also known as a part-buy, part-rent scheme. You can use this scheme to help you get on the property ladder, or to buy a bigger home than you could afford on the open market.

You can buy more shares in your home over time in a process called Staircasing, see more on this below.

You will likely purchase your Shared Ownership property via a Housing Association or council. your home will be a new build house 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.

Am I eligible to buy a Shared Ownership home?

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.

There are other criteria you must meet, such as:

You will also need to have no outstanding credit issues, so make sure you get your finances in order before you apply.

How much of the home will I own?

If you are eligible under the scheme, you can purchase between 10% and 75% of the value of the property. You will need a deposit and a mortgage to pay for the share of the house that you want to buy. The remaining share is owned by the Housing Association or council, and you will pay rent comprising up to 3% of this amount. You can buy additional shares in the property over time until you own it outright - known as Staircasing. 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, which will be charged on a monthly basis. It is a good idea to find out how much the service charge might be and factor that into your monthly outgoings before you sign on the dotted line.


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.

How do I go about buying a home through Shared Ownership?

To buy a home through a Shared Ownership scheme you can enquire directly to a Housing Association or developer via - simply enquire about a Shared Ownership home to get started, using the search bar above.

You can also find out more about Shared Ownership on the Government's website.

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:

Lower Lane

by Legal & General Affordable Homes

Berry Hill, Coleford, Coleford, Gloucestershire, GL16 8QQ

2 bedroom houses

From £92,000 for a 40% share
(From £230,000 Full Market Value)

Shared Ownership

Manor Gardens

by Your Housing Group

Hartford, Cheshire, CW8 1LJ

2, 3 & 4 bedroom houses and 2 bedroom bungalows

From £96,000 for a 40% share
(From £240,000 Full Market Value)

Shared Ownership

The Quadra Apartments at Cheshunt Lakeside

by B3athome

Cheshunt, Hertfordshire, EN8 9SL

From £160,875 for a 50% share
(From £321,750 Full Market Value)

Shared Ownership

Compton Locks

by Orbit Homes

Fenny Compton, Warwickshire, CV47 2XD

2 & 3 bedroom houses

From £110,000 for a 40% share
(From £275,000 Full Market Value)

Shared Ownership

Callows Rise

by Sanctuary New Homes

Tenbury Wells, Worcestershire, WR15 8GB

2, 3, 4 & 5 bedroom properties

From £106,000 for a 40% share
(From £265,000 Full Market Value)

Shared Ownership

The Pippins

by Legal & General Affordable Homes

Hamstreet, Ashford, Ashford, Kent, TN26 2JR

2 bedroom houses

From £80,000 for a 25% share
(From £320,000 Full Market Value)

Shared Ownership

Housing associations

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