Shared Ownership

Shared ownership is another way to get started on the property ladder and provides a different approach for first time buyers to help make the dream of owning a home become a reality.

Shared ownership doesn’t mean you will be physically sharing your property with someone else (unless you choose to!), but means you buy a share in a property and then pay rent on the remaining share. This gives an alterative to still becoming a home-owner if you maybe weren’t able to afford to purchase or secure a mortgage for 100% of a property. It provides a path to get onto the property ladder whilst paying a lower deposit and taking on a smaller mortgage.

Typically, shared ownership allows you to buy between 25% and 75% of a property and you will then, generally, be given the option to buy more in the future when you can afford to do so. You can still get a mortgage if you are buying a shared ownership property, although not all lenders offer these. There are also certain requirements that must be met for you to able to pursue this route so why get in touch today to find out how we can help you through this process.

For more information, our Shared Ownership FAQs may be helpful for you.

Next Steps:

We will be happy to discuss any of the above and any other matters with you.

The first step is to contact one of our experienced team on 0345 209 4723 or email to find out how we can help you decide if shared ownership is the right option for you. Alternatively, request a call back.