The basic model
Shared Ownership is a form of low-cost home ownership in which an eligible buyer purchases a share of a property and normally pays rent on the remaining share. Scheme rules differ by nation, programme and property.
Look beyond the mortgage
Budget for rent on the unsold share, service charges, insurance where applicable, legal costs, mortgage costs and future repairs. Lease terms and responsibility for repairs can materially affect affordability.
Buying more shares
Many leases allow “staircasing”, or buying additional shares, but valuation, legal and administrative costs may apply. Some homes have restrictions. Read the lease and current scheme guidance rather than assuming every Shared Ownership home works the same way.
Before applying
Check the official eligibility rules for the nation and scheme, obtain independent financial and legal advice where appropriate, and verify that a home is genuinely being marketed by the named provider or agent.
Find the official route for your area
AHH local guides bring together the authority, provider and application evidence we have verified for each area. Use them to move from general guidance to the official service responsible for your application.
Browse UK local housing guidesAbout this guide
AHH distinguishes between evidence that affordable housing exists and evidence that a particular home is currently available. Always verify eligibility, rent, charges, deadlines and availability with the official organisation before acting.
