Shared Ownership

Homefocus Magazines advice on Shared Ownership, and answers your questions: 

Are Shared ownership homes just tiny starter flats? 

Some are starter homes but are not tiny, and have to meet higher standards of space, storage and eco-efficiency. It must be cheaper to rent? If you put a deposit together (5% of the share you are buying) then shared ownership can work out less per month than renting privately.


Exploring Help to Buy and Shared Ownership schemes

Photo of new home example of available on shared ownership scheme or help to buy schemes in UK

Have you ever heard the words “shared ownership”, or “Help to Buy” but always wondered exactly what people were talking about?

The world of affordable home ownership might seem like a complex one, particularly for first-time buyers, but here at HomeFocus we strive to cut through the jargon and tell you exactly what you need to know.

Thanks to the sky-high prices of homes and houses nationwide, people right across the country are being priced out of the open market, and add that to the extortionate cost of renting, it’s no wonder that people are struggling to get a foot on the property ladder.

However, there are affordable home ownership schemes in place to help you buy your own home - and the key word there is affordable.

The Benefits of Shared Property Ownership

Couple excited over shared property ownership

With house prices at record levels, many people have been looking for alternative ways of buying houses. Help to Buy ISAs and equity loans are popular options but are not the right option for everyone. If you’re struggling to afford funds for your first home, shared property ownership could be a great option for you.

With the intention of making homeownership more accessible, this scheme allows you to buy part ownership (20-75%) of a property from a housing association. You will own your share of the property and be able to pay rent on the remaining percentage. 

High specification Shared Ownership apartments

Inside a high specification Shared Ownership apartment

High specification Shared Ownership apartments along the Northern Line at Whetstone and Finchley 

With excellent public transport links both north and south and buzzing high streets, it’s no wonder that Whetstone and Finchley are sought after places to live. 

Catalyst currently has two high specification Shared Ownership developments, which are both just moments from the Northern line and are a great choice for first time buyers and growing families. 

Shared Ownership homes offering the best of both worlds at Caddington Woods, Bedfordshire 

Caddington Woods home exterior

Catalyst has launched its latest development of two and three bedroom Shared Ownership homes at Caddington Woods in the stunning semi-rural location of Chaul End, Caddington, Bedfordshire. 

The Shared Ownership homes are perfectly placed for commuters, with the nearest station, Manor Road Caddington, being just over one mile and Luton station just 3.9 miles away, making Central London within easy reach in under 25 minutes.  

The homes also enjoy a sought after semi-rural position, overlooking vast areas of open countryside, including the local golf course yet within five miles of Luton Airport. 

Help to Buy homes developed by Plan C

Plac C - Brownlow Road Help to Buy property

Plan C is a family-run building and design company based in Muswell Hill, North London. At the helm are twin brothers – Pierre and Christian Carboni – who decided to sign up their latest development of three new builds in Bounds Green London N11 to the Equity Loan Scheme under the Help to Buy umbrella.  

The London scheme reflects the current local property prices and offers 20% - 40% for buyers in all boroughs. You can put down as little as 5% deposit on a newly built home and then get a Government Equity Loan for up to 40% of the purchase price. In addition, you are not charged loan fees on the 40% loan for the first five years of owning your home. 

Help to Buy explained by mortgage experts Rhodes Advisory

Rhodes Advisory founder Lee Rhodes

Lee Rhodes is a mortgage and insurance advisor and the founder of Rhodes Advisory. With over 13 years of experience in financial services, he has this year helped clients raise over £7m in mortgages. Here, he has some advice about Help to Buy for first time buyers…

Getting on the property ladder isn’t easy these days, especially for first time buyers with fairly small deposits or those who do not have any or much equity built up in property that can be used as a deposit for an onward purchase. The good news is that the UK government are keen on stimulating the housing market and want to help people get that foot onto or up the ladder.

The shared ownership options are open for over 55s

Older Persons Shared Ownership - couple jumping for joy on a bed

Editor Victoria Galligan looks at spending the grey pound on a new-build property – but is shared ownership suitable if you’re heading towards retirement? And what should over 55s look for in a property?


So you’re over 55 and looking into shared ownership – and why not? Many people are working into their 70s nowadays and whether it’s a change in circumstances, moving out of a rental property or a move to be closer to family, there are a plethora of reasons why you may be looking for your next home.

'Government and the housing sector fall short on educating shared ownership buyers'

A typical shared ownership property for sale

A new YouGov survey, commissioned by housing association Aster Group, found that the government is falling short at educating people about shared ownership.

The study of more than 200 shared ownership homeowners in the UK discovered that only 14% had received information from the UK government website on the scheme.

Consequently, the report discovered a lack of awareness and understanding among respondents about how it works and the options available.

More than half (52%) didn’t know that they could move from their existing home into another shared ownership property. Only 10% had successfully grown their equity stakes and just over a quarter (27%) knew they could move into another shared ownership property – yet didn’t know the process for doing this. 

Last chance to snap up a downsizer bargain in the UK’s most coveted retirement hotspot, Christchurch

Monterey Christchurch

Picturesque Christchurch in Dorset, long a favourite downsizer hotspot for older people, has been crowned the most expensive destination in the South West per square foot*.

A sum of £227,000 – equivalent to the average UK property value – buys only 687 sq. ft. of space in the coastal town, making it pricier than the prestigious historic town of Bath and only a little less costly than Bristol**.

Retirement provider Platinum Skies’ Monterey development has aimed to make living in Christchurch more affordable for retirees. However, only four of Monterey’s 35 apartments now remain.

L&Q Launches Shared Ownership Quarter in London’s Most Affordable Borough

Shared Ownership

Over 200 of the most affordable homes in London are being delivered in Barking, as part of on-going regeneration in the area. The 221 shared ownership homes at Weavers Quarter in Barking are the first of some 1575 new homes that will be available on the site of the former Gascoigne Estate, which is being transformed into a stunning new development complete with two schools, new high quality public open space and a new community centre.


The first phase of Shared Ownership homes comprises 50 one, two and three-bedroom apartments and duplexes, launched recently, are available to those who live or work in the borough of Barking and Dagenham, recently listed as one of the most affordable boroughs in London*.

New shared ownership housing scheme offers affordable ‘forever homes’ for London families

A new scheme offering family-sized houses to buy in London under shared ownership has been launched by housing provider, Octavia.

The scheme, which is a first for Octavia in that it is open to anyone currently living in a London borough, offers a selection of three or four bedroom houses at Octavia Living’s Gladstone Village*, a new development in a quiet, green space location, overlooking parklands near Dollis Hill, London NW2.

The scheme is aimed at helping working families across London, who are priced out of the London housing market but wish to live close to where they work and to be part of a community.  It represents a new departure in shared ownership for Octavia and recognises the growing need for affordable housing for people other than first time buyers.

Metropolitan has a large range of new homes 


Metropolitan has a large range of new homes to offer across a range of locations in London, the Home Counties and East Midlands.  

Most of the homes we have for sale in this financial year will be available through Shared Ownership – the part buy, part rent option where buyers purchase a share in the value of the home that they can afford (between 25% and 75% of the value of the home) and pay us a subsidised rent on the remainder.

Shared Ownership brings down the costs of entering home ownership as buyers only have to raise a deposit on the share that they are buying (as opposed to on the full market value) and monthly housing costs for Shared Ownership are less than they would be for the same home being bought outright or being rented privately.

First New Build Help To Buy In Zone One Launches At Elephant Park

First New Build Help To Buy In Zone One Launches At Elephant Park

This April marks the launch of Help to Buy homes at the heart of Elephant & Castle – comprising 25 one-bedroom apartments at South Gardens in Elephant Park. The newly launched collection represents the only new build Help to Buy homes currently available in Zone One.
Sustainable developer Lendlease is transforming the urban district by creating an attractive new green neighbourhood, with homes, leisure, retail, and acres of new open space for central London. Offering a helping hand onto the Zone One property ladder, buyers will have the chance to purchase a new-build home from £550,000, with a 5% deposit.

Shared Ownership was ‘so easy’ for Tooting resident

Shared Ownership was ‘so easy’ for Tooting resident

Two years ago, Aveen Kelly, 32, was given the opportunity to learn more about how Shared Ownership works, a result of her employer Wandsworth Council’s efforts to encourage buyers in the community to consider the scheme.

Armed with her knowledge of Shared Ownership - which enables first-time buyers priced out of the open market to purchase a share of a property and pay rent on the remaining share - she discovered XVII, a new Shared Ownership development in Tooting, South London, comprising one and two-bedroom homes. 


Aveen wasted no time in contacting Thames Valley Housing, as the homes were close to where she was renting with friends.

Hatchwood Mill, Winnersh

Hatchwood Mill, Winnersh

Share value: 40% (£175,000)
Full price: £437,500


·         Setting new standards for affordable housing in terms of location, high quality design and a superior specification, a new collection of superb new homes in Winnersh, Berkshire is available to buy through Shared Ownership with Thames Valley Housing

·         The attractive two, three and four-bedroom houses are built in hues of traditional red brick, complemented by either a red or black tiled roof; some of the elevations to the larger homes’ are punctuated with pretty tile-hanging and bay windows.

Shared Ownership was the answer for Battersea first-time buyer

Shared Ownership was the answer for Battersea first-time buyer

In 2012, Adel Whitworth, 33, was left disappointed when her first attempts to make it onto the property ladder in Tooting Broadway fell through. However, she plucked up the courage to try again when she discovered Shared Ownership, a scheme which enables first-time buyers typically priced out of the open market to buy a share of a property and pay rent on the remaining share.

Intrigued and hopeful, Adel filled out an application for the Shared Ownership homes at Battersea Bridge Road, offered for sale by Thames Valley Housing.


Why Rent When You Can Buy?

Why Rent When You Can Buy?

If you’ve always dreamt of owning your own home, you could find that taking those first steps onto the property ladder are more affordable than you think, with a Help to Buy scheme.

New figures compiled by Strata Homes show that buying a home is often cheaper than renting, especially with the government’s Help to Buy scheme.*

Using data from Zoopla, we’ve compared the price of renting a two-bedroom home against buying a 2-bedroom new build home, both with and without a Help to Buy equity loan.  This is where you only need a 5% deposit for your new home, which the government will boost by a further 20%. You’ll only need a mortgage on 75% of the property price, making it an affordable alternative to renting.

Open day set to give Midlands buyers glimpse of popular development

Find out more about Grand Union Housing Group at their open day

House-hunters in the Midlands are taking up the opportunity to have a sneak peek at a popular new development. 

Grand Union Housing Group is holding an open day on Saturday 8th April at its Church Close development at Braybrooke, in Northamptonshire. 

Visitors can take a look around a brand new property at the popular site, near Market Harborough. 

The three-bedroom properties are available on the shared ownership scheme, so cost as little as £62,500 for a 25% share. 

Shared ownership is an affordable housing scheme where buyers purchase between 25% and 75% of a home, and pay a subsidised rent in the rest of the property. 

Is Shared Ownership Right For You?

Is Shared Ownership Right For You?

By Amy Nettleton, assistant development director – sales & marketing, Aster Group

To help you decide whether shared ownership is for you, we’ve answered some of the most frequently asked questions

How does it work?

Through a housing provider like Aster, you buy a share of a property and pay rent on the part you don’t own. We offer a range of shared ownership properties across the south of England, most of which are brand new. Depending on the type of property and the location, you can start off by buying a share as low as 25% and deposits can be less than £2,000 for a £150,000 home.

Am I eligible?

What is Shared Ownership?

What is Shared Ownership?

Does it mean you have to share a house with someone?

“Shared Ownership is associated with a number of perceptions. For some people, the phrase might bring back mildly alarming memories of living with housemates and their accompanying clutter. For others, the idea of owning only part of a home is simply less preferable to owning all of it. Shared Ownership however, makes home ownership more accessible, not through the lending of more money like in other Help to Buy schemes, but by allowing the buyer to borrow less.”


Is Shared Ownership more affordable than other schemes?

Family Homes launch at Iconic East London Former Dog Track

Family Homes launch at Iconic East London Former Dog Track

Stadium Place
L&Q has launched Brook Houses, the final phase of 4 bedroom Shared Ownership houses at Stadium Place, the site of the historic Walthamstow dog stadium. The contemporary homes offer families a chance to own a piece of London history, with properties set behind the former stadium’s iconic Grade II listed wall of neon lights.

Shared ownership helps first time buyers onto ladder for less than £12,000

Jessops at new providence Wharf Genesis

According to research from Nottingham Building Society, raising a deposit is still the biggest hurdle for nearly half of all first time buyers[1]. With the average deposit in London at a staggering £95,693[2], it is easy to see why. Offering a more affordable option for those struggling to save is Shared Ownership, which is available at Genesis’ Jessop at New Providence Wharf in E14. Thanks to the scheme, buyers could get on the ladder with a deposit from as little as £11,106, just 11% of the average[3].

Top tips for buying a Shared Ownership property

Wendy Hegarty, Partner, Red Loft Sales

by Wendy Hegarty, Partner, Red Loft 

Shared Ownership has grown in popularity over the past decade and is now one of the best ways to buy, particularly in an area you never thought you could afford to live in. Shared Ownership schemes work by enabling homebuyers to purchase a share in a new home and pay a subsidised rent to the housing provider on the remaining share along with a monthly service charge. 

Home Buyers can own an equity share in the property, anything from 25% to 75% dependent on what is being offered by the vendor and what the financial assessment has deemed the buyer can afford. Additional shares in the property can be purchased at any time; this process is known as staircasing. 

Young family bought Shared Ownership home based on floor plans and reputation of Thames Valley Housing

Hannah Pennell and Charles Barker, Thames Valley Housing, Shared Ownership

When they decided to move in together after just a few months as a couple, Charles Barker and Hannah Pennell looked at only one home before making an offer. 

Clearly a couple who make their minds up quickly, Charles and Hannah were not only looking for an affordable home that provided enough space for them and Hannah’s daughter Layla, but a scheme that offered ease and clarity throughout the process. They found the Foresta development in Horley, Surrey, on Thames Valley Housing’s website and, after checking out the location, they registered their interest in buying a Shared Ownership home. 

Shared Ownership helps young family in Horley get on the property ladder

Danielle and Daniel Case Study Thames Valley Housing

For Danielle Angel (28) and Daniel Stewart (30), the decision of whether to continue renting or take that step onto the property ladder was made easy after hearing about Shared Ownership. 

New homes by Thames Valley Housing in Horley, Surrey near to where they were previously renting in Reigate, became available earlier this year and provided the opportunity they’d be waiting for to afford to buy their new home.

“I know that living in a two-bedroom apartment with our two-year-old son Finley, eventually we’d need a larger home,” says Danielle, “so I’d signed up to receive email alerts from Thames Valley Housing but I didn’t expect to see something so perfect for us, so soon.”