Shared ownership

Shared ownership is a part-buy, part-rent scheme for people who can’t afford to buy a home outright with a commercially available mortgage.

It’s a way to buy a share in a home now - with the option to buy more shares in the future or buy it outright whenever you can afford to.

On developments where shared ownership is on offer you’ll need a minimum level of income/savings depending on the value of the home you want to buy.

You can generally purchase either a 35%, 50% or 75% share initially with a rental amount due on the remaining share.

You’ll need to take out a mortgage to pay for your share of the purchase price.

Who can apply?

You could be eligible for this scheme if:

  • Your household earns £60,000 a year or less
  • You’re a first-time buyer (or you used to own a home, but can’t afford to buy one now)

What homes are available?

Our list of properties to buy indicates whether they are available as Shared Ownership or not. You will normally apply directly to the Shared Ownership provider. For more information, visit the relevant websites using the links provided on the list of properties.

HOLD scheme

If you have a long-term disability, the HOLD scheme in England could help you buy any home for sale on a shared ownership basis (part-rent/part-buy). You could buy a share of your home, between 25% and 75% of the home’s value, and pay rent on the remaining share.


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