3 bed house, Radley Reach

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 either 10/25% and 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. 

Once you’ve settled in to your new home and you’ve made it your own, you may want to consider buying more shares – we call this staircasing, and we’re with you every step of the way.

The more shares in your home that you own, the less rent you pay. Almost all of our homes can be purchased outright, meaning that you could own 100% of your home. You’ll be able to find out whether this is possible for your home by speaking to our dedicated sales team. 

A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example:

If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!

You can speak to our panel of financial advisors for more information around affordability.