Part buy part rent
Shared ownership - new builds
Shared ownership or part buy/part rent
is available on brand new homes.
You can buy shares worth 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.
As well as brand new homes, shared ownership is also available
on resales.