Shared Ownership

Shared ownership is an innovative scheme that allows you to buy a share of a home while paying rent on the remaining portion, making homeownership more accessible for many. Through the Government’s Shared Ownership initiative, you can purchase a stake in a property, often ranging from 25% to 75%, and pay a subsidised rent on the share you don’t own. This combination of part-buy, part-rent enables you to get onto the property ladder more easily, while providing the opportunity to 'staircase' your way up to full ownership over time. As your circumstances change, you can increase your share in the property, gradually moving closer to owning it outright. 

Consulting with a mortgage advisor can help you navigate the details of this scheme and identify the best options for your financial situation.