Shared ownership
Everything you need to know about shared ownership
Put simply, shared ownership means the ownership of your home is shared between you and us – in other words, you ‘part buy, part rent’.
You will buy a percentage, usually between 25% and 75%, of the property, either by yourself or with a mortgage, and pay rent on the rest.
Shared ownership is designed to help people with small deposits get on the property ladder. When you can, you can buy more shares until eventually you own 100% of your home. It’s important to know that whilst shared ownership is a great option for many, it won’t suit everyone’s circumstances, so we would always advise that you take independent advice before entering into any purchasing agreements.
You can also find more information about shared ownership on the government website.
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