Why shared ownership
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.
Here's the best part
As you are only buying part of your home, you will have a smaller deposit (as little as 5%) and lower monthly payments – perfect.
The part you pay
Start by paying what you can afford. When you want to buy a bigger part, you can. We call it ‘staircasing’ and we’re with you every step of the way.
All part of the service
From moving in to moving on, our sales, marketing and home ownership teams are here to help you with every part of owning your home.
Cara's story
Cara had been living in Newbury with friends when her situation changed. She found herself in a position where she had to choose between renting a place on her own or purchasing her first home. “I originally wanted to buy a property outright, however I found that this was near to impossible as a single person, even with a comfortable wage and what I thought was a healthy deposit."
Read Cara's story“ Shared ownership allowed me to get on the property ladder at 25 with just a £5,000 deposit
Cara
The next steps to your new home
Once you've found your perfect home, there are 3 simple steps to apply.
Read 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 25% 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.