About Shared Ownership

Wondering if Shared Ownership is right for you?

Shared Ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable.

You’ll start by buying a share in your property that’s between 25% and 75% of the full value, using a combination of a mortgage and a deposit. You will then pay a subsidised rent on the share you don’t buy.

In the future, if your circumstances change and you’d like to, you can purchase more shares in your home, right up to 100%. As your share increases, the rent you pay decreases.

Affordability and eligibility criteria applies. You can find out more at:
https://shnewhomes.co.uk/buying-guides/shared-ownership