Shared Ownership

Part Buying/Part Renting your own home

Shared ownership was introduced to help people who cannot afford to buy a home outright. Through shared ownership you buy a share of the property and pay rent on the remaining share, with an option to buy further shares at a later date.

If you are a current shared owner, please read the Shared Ownership Handbook.

Leaseholders should read the Leaseholders Handbook.

If you cannot find what you are looking for or would like a free copy by post, please use the 'contact us' facility at the top of the page or call us, the Home Ownership team on 01803 200300.

Who can buy through a shared ownership scheme?
Those who cannot afford to buy a suitable home in any other way.  You must be in housing need and be unable to afford outright purchase.  Priority will normally be given to existing public sector tenants or those on housing waiting lists.

Although you have not bought the property outright, you will have the normal rights and responsibilities of a full owner-occupier.

To learn more here are a few FAQs:

How does shared ownership work?

What does the shared ownership lease entitle me to?

What is staircasing?

How does staircasing work?

Selling your share – resale

What is re-mortgaging?

Flexible tenure

Shared Ownership mobility

Applying for Shared Ownership

Properties that are available to purchase

A map of the areas in which we have shared ownership properties