Shared ownership

Shared Ownership is designed to help people who want to buy a home but cannot afford to buy outright. It allows you to buy a share of a property (normally between 25% and 75%), whilst paying rent on the remaining share CHP still own.

Although most schemes allow you to purchase up to 100% of shares, for some schemes you may only be able to purchase up to 80%.

Purchasing a shared ownership property means you become a leaseholder, and you should take advice on this before you proceed with the purchase.

You can purchase newly built and resale shared ownership properties, contact us for more information.  

In order to be eligible, you should be able to obtain a Shared Ownership mortgage and not be listed on the Deeds to another property.

Once you are a Shared Ownership homeowner, you can purchase more shares, in increments of 10% at a time. This is called Staircasing, find out more in our homeowners section.

If you decide you wish to sell your shared ownership property, you need to get in contact with us. Find out more in our homeowners section.