Is Shared Ownership for me?
Whether it's your first home, or you want to move up or down the property ladder, Shared Ownership can give you an alternative, affordable route to home ownership.
Renters & first time buyers
With deposits starting from just 5% you can get moving sooner than you think!
Growing families
Move up the property ladder by buying a share that’s affordable for you.
Downsizers
Looking for a smaller home? Downsize with ease and peace of mind.
Lucy's story
When a change in circumstances meant busy, working mum Lucy had to sell her previous home, she wasn't sure if she could afford to stay in Didcot. We sat down with her to hear how finding Shared Ownership changed everything for her and her two children, helping them to stay on the property ladder in the area they love, without needing to downsize.
Read moreIf I hadn’t explored the possibility of Shared Ownership then I would never have found my dream home
Lucy
Shared Ownership - how it works
Buy a share in a property that you can afford, and pay rent on what's left. It’s an opportunity to buy the home that’s right for you without needing a large deposit or mortgage.
Find out moreFAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
You buy a share in your home that’s right for you. That could be from either 10/25% and up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then Shared Ownership could be right for you!
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.