Even better, because you are buying a share of the property the deposit you need to have saved is smaller too.

If you wish to in the future you can decide to buy further shares in your home in stages or all at once, this is called staircasing.

Shared ownership FAQs


Shared ownership is a great way to get onto the housing ladder if you can't afford the full purchase price of your home straight away.

With shared ownership you purchase an initial share of your home, between 25% and 75% of the property’s value and then pay a rent on the remaining share. It’s a simple and cost effective way of owning your own home.

 To find out if you are eligible for shared ownership, you need to contact your local Help to Buy Agent to register for the scheme. The Help to Buy Agent is appointed by the government's Homes England Agency to administer the scheme and will guide you through the options available and explain the eligibility and affordability criteria.

They will carry out an initial eligibility assessment with you and, if you are approved for the shared ownership scheme, will issue you with a letter containing a reference number confirming your eligibility to us.

The exact percentage is determined by the government's affordability calculator. Don't worry as we can take care of everything for you.

We will put you in touch with a Financial Advisor, who will carry out a quick financial assessment and complete an affordability calculator with you over the phone. One of the purposes of this process is to determine the share of the property you are able to purchase. They will also carry out a basic affordability check with the most appropriate lender, to ensure you are able to secure a mortgage to assist with your purchase. They will forward all the information to us, and if you qualify we can complete the paperwork to reserve your new home.

If your circumstances change, you can choose to increase the part of your home you own, until you own the property entirely if you wish. This process is called staircasing and can be done at any time in the future. Alternatively you can simply continue to own the initial percentage of your home without buying further shares in the future. The rent you pay will decrease as you buy more of the property.

You may also like to refer to the Government's website for more information on shared ownership. 

You can contact our sales team who will be able to put you in touch with the correct sales agent and answer any questions you may have. Alternatively browse our developments below and start searching for your dream home right away.