Ways to Buy

Shared Ownership

Shared ownership provides an affordable way to buy a home. You purchase a share in a new home and pay a subsidised rent on the part you don't own. It’s designed to help you buy a home, it’s flexible, allowing you to buy more of your home in the future, can cost less than renting and you know you are investing in your home rather than just paying 100% rent.

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New shared ownership model

In 2021 the Government announced some big changes to shared ownership. This new model is making it easier for people to buy a home through the scheme.

Our first shared ownership homes under the new programme are due to be completed in Summer 2023.

We thought it would be useful to explain how some of the changes differ from the old model of shared ownership.

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