Shared Ownership

Dreaming of owning your own home but finding it hard to save for a deposit? Shared Ownership could be your perfect solution.

How Shared Ownership Works

Buy What You Can Afford

You purchase a percentage of a new home (typically between 25% and 75%) that you can comfortably afford, often with a smaller deposit than if you were buying outright.

Rent the Rest

You pay a reduced rent to us on the share of the property you don’t yet own.

Staircasing to 100%

The best part? You have the option to buy more shares in your home over time, as and when you can afford to, until you own 100% – a process known as ‘staircasing’. This means you can gradually increase your ownership as your financial situation improves.

Shared Ownership offers a wonderful opportunity to enjoy the benefits of homeownership, build equity, and have a place to truly call your own, even if a full mortgage feels out of reach right now.

Eligibility

• Household income must be £80,000 a year or less.
• First-time buyers, those who used to own a home but can’t afford one now, or existing shared owners.
• The property must be a new build, or a resale through a housing association.