Shared Ownership
If you'd like to own a property, but the open market is just not affordable, there are other options to get onto the property ladder. We build homes for Shared Ownership...ideal if you have a reliable income, but are unable to purchase a property on the open market.
What is shared ownership?
Shared ownership is a part buy/part rent scheme, where you buy a share in the property and pay a subsidised rent on the share you don’t own plus any service charges. It is designed as a stepping stone to full home ownership, allowing you to buy further shares in your property when you can afford to.
Usually our shared owners own a 40% share in their home, but you can buy between 25% and 75% depending on affordability.
I am interested in Shared Ownership
We would love to hear from you if you are interested in shared ownership. We are currently updating our contact form which will appear here shortly.
Buying more shares in your home
If you would like to increase the proportion of the property which you own, you can buy additional shares all the way up to 100% in some cases. This process is known as staircasing.
If you would like to staircase you can notify us by completing this form.
Form to request permission to staircaseSelling your share in the property
If you want to move and sell your share in the property you are entitled to do this at any time. You can notify us by completing this form.
Form to notify of intention to sell