Shared Ownership

Open the Door to Owning Your Own Home

HCA help to buy logo                                                                                

Help to Buy Shared Ownership is a brand name for a Government scheme promoting the sale of shared ownership properties. It is designed to give you the opportunity to get a foot on the property ladder if you can’t afford to buy a home outright on the open market.

It allows you to buy a share in a brand new leasehold property on a part buy, part rent basis. Then pay a subsidised rent on the part that you do not own.

You can normally buy an initial share of between 25% and 75% of the property and pay rent to your registered social landlord on the remaining share. The actual share you purchase will depend on your personal financial circumstances and be determined by the use of The Homes and Communities Agency Affordability Calculator. The bigger the share you buy, the less rent you will have to pay.

In most cases, as you become able to afford it, you can buy additional shares until you own the maximum share allowed in your lease. This is known as ‘staircasing’.

Priority is given to serving military personnel and first time buyers. Your combined household income will need to be less than £80,000 and you must be unable to purchase a property on the open market. You will need to be in full time employment and have a good credit history.

There may be a requirement for a local connection to the area where you wish to live. 

For an informal chat please contact or tel 0300 303 1190. 

You can buy either a new build property or we also have resale properties available click here for our current properties.