Shared Ownership Houses for Sale

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Coming soon

Sherecroft Meadows

by Abri Homes

Botley, Hampshire, SO30 2GB

2 bedroom maisonettes and 3 bedroom houses

Prices coming soon

Coming soon Sherecroft Meadows is a new collection of one, two, three and four bedroom homes located next to the River Hamble. Set in the picturesque village of Botley, you’ll have everything you need on your doorstep, with a range of schools, shops, pubs and restaurants close by. Did you know, Botley was once described as ‘the most delightful village in the world’ by a journalist in the eighteenth century. Next price release expected this autumn. Register your interest now to be kept up to date. Tenure: Leasehold. Length of lease: 990 years. Reservation fee: £500. Predicted council tax band: New build properties, band to be determined. Service charge is reviewed once a year.

Shared ownershipGreen features

New homes launching summer 2025

Dagenham Green

by Peabody New Homes

Barking, Greater London, RM9 6PR

1, 2 & 3 bedroom apartments

Prices coming soon

Welcome to the Shared Ownership collection at Dagenham Green, an inspiring new vision for the future of this vibrant and diverse East London community. A stunning collection of 1, 2 and 3-bedroom apartments – all with their own outdoor space – have been individually designed to maximise light and space. Flexible, sustainable and with a cool, contemporary finish, these homes are ready for you to start life’s big adventures. Homes launching summer 2025, ready to move into from new year 2026. Homes at Dagenham Green feature;- Private balconies to all homes- Walking distance from Dagenham Dock station- Homes benefiting from a carbon-neutral energy supply- Residents' concierge, workspace and lounge- Planned secondary school on-site- Featuring over 10 acres of new public open space. *Amenities are subject to change. Homes at Dagenham Green are being delivered in partnership between Peabody and Hill.

Shared ownership

Hepworth Place

by Riverside Housing

Walthamstow, Greater London, E17 4ZF

1, 2 & 3 bedroom apartments

From £136,000 for a 35% share
(£390,000 - £572,500 Full Market Value)

LAST 1 BED HOMES AVILABLE– Book your viewing today! New Phase Coming Summer 2025!- Find out more Situated next to the renowned grandeur Waltham Forest Town Hall is our latest collection of 1, 2 and 3-bedroom apartments for sale with Shared Ownership. The development has been designed to embrace the rich historic culture of the location, whilst providing a modern and well-connected lifestyle. Living here will offer residents an eclectic mix of shops, bars, cafés, galleries, parks and fantastic travel connections on their doorstep. In addition to open green space straight as they step out of their new home. This is truly one of London’s most excited and trendiest locations to live! There are a number of Wheelchair adaptable homes on offer please speak to our Sales Consultant if you are interested. Local Area: Transport • Wood Street station, for London Overground, is just a 15-minute walk. Then 20 minutes to London Liverpool Street* • Walthamstow Central tube station is less than a 20 minutes walk for the Victoria Line providing access to Kings Cross, Oxford Street and Victoria* • Conveniently close to the A406 North Circular with connections to A13, M11 and M25 for Greater London and Essex* Education • There are four primary schools all within a 10-minute walk of the development leaving parents spoilt for choice. • Waltham Forest College is just a stone's throw, being next to the development itself. • A new crèche will be delivered as part of the development, with a capacity for up to 75 pre-school children. Leisure • Just a 15-minute walk away you'll find Walthamstow Village, one of the best urban villages in London. A little slice of the countryside in the capital! • Discover An Array of Independent Cafes & Restaurants Nearby • Just a 5 minutes walk to Waltham Forest Feel Good Centre. Facilities for all ages which include gym, fitness studio, swimming pool, athletics track, play park & soft play, click 'n climb, and multi-use games area ideal for 5-a side. Plus spa experience and café. Shopping and Outdoors • Walthamstow High Street, 17&Central Shopping Centre and the legendary Walthamstow Market - Europe's longest open air market - are within an easy 20 minutes walk of Hepworth Place. • Oxford Street and the West End are less than 20 minutes away by tube from Walthamstow Central. Westfield City, Stratford. is 30 minutes by bus or tube. • Less than 10 minutes away is Lloyd Park. A recently refurbished open green space with a play area and sandpit, skate and scooter park, outdoor gym equipment, tennis courts, basketball practice area, bowling greens and café. • Lloyd Park is also home to the William Morris Gallery, open gardens and original terrace gardens. *Leyton Flat & Hollow Pond is 15 minutes by car. • 75-hectare nature reserve full of beautiful scenery, tranquil ponds, wide open grasslands and shaded woodlands. Enjoy meadow walks and picnic spots around a fishing and boating lake Greener Is the Way Forward According to the Home Builders Federation, on average, owners of a new build apartment save £435 on household bills each year. Those that buy a new build house see even greater annual savings of £555 – which is equivalent to three weeks of an average mortgage or the cost of a takeaway coffee every working day for the year! Key features: • Large spacious interiors • Spacious outdoor private balconies • Greener by Design • Ample amount of open green space • Proximity to a wealth of shops and amenities • Fantastic transport links • Four primary schools within the local area • Wheelchair adaptable homes

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: