Part buy part rent (resales)

Shared ownership - resales

When an existing part buy/part rent property becomes available for resale, you can buy the share from the current owner.

You can buy the share that is for sale (or more if you can afford it), between 25 per cent and 75 per cent of the property’s market value and pay us a subsidised rent on the remaining share.

You will generally purchase your share by having a small deposit (5% of the share you buy or more) and raising a mortgage on the rest. We are sometimes able to help previous home owners who have equity from the sale of a previous property.

Over time, you can usually buy more shares until you own 100 per cent of the property.

Guide to buying a resale shared ownership property