Shared ownership is an alternative to renting or full ownership. It is suitable for people with a regular income who want to buy their own home but cannot afford to do so. With shared ownership you buy a share of your home and pay rent on the rest.
You may be eligible for the scheme if:
- You are unable to afford the full costs of outright ownership.
- You are a couple or family looking for your first home.
- You are able to obtain a mortgage or have available the capital sum.
You can find out more about Shared Ownership in this Shared Ownership Beginners Guide:
Search for available shared ownership properties here.
How to apply
The application process for Shared Ownership is different depending on the County you want to buy in.