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Dream Property With Estazaa
Dream Property With Estazaa

Shared Ownership

Struggling to buy a home? Shared Ownership lets you buy a share and rent the rest affordably.
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What is Shared Ownership?

Shared Ownership is a government-backed scheme that helps make buying a home more affordable. Instead of buying the whole property outright, you buy a share (from as little as 10% up to 75%) and pay rent on the remaining part to a housing association.

This means:

Lower deposit and smaller mortgage
Reduced monthly payments
A step onto the property ladder, sooner

You'll also pay rent on the part you don’t own, plus some service charges for things like building maintenance or communal areas.

Shared Ownership homes can be new builds or resale properties, but all of them are leasehold.

It’s a great option if you’re struggling with high house prices but still want a place to call your own.

Share Ownership In Uk
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How Does Shared Ownership Work?

With Shared Ownership, you choose the share of the home you can afford to buy — starting from just 10%. You’ll pay a deposit (at least 5%) on that share and take out a mortgage for the rest.

You’ll also pay rent on the remaining share owned by the housing association.

Over time, you can increase your ownership through a process called staircasing. This allows you to gradually buy more of the property — up to 75% or even 100%, depending on the housing provider. Just note:

Not all homes allow staircasing to 100%
Each time you staircase, legal fees apply, so it may be smarter to buy in larger chunks
Some providers limit how often you can staircase

Want to find homes that qualify? Use our Shared Ownership filter when searching — and always double-check with the estate agent or housing association before making an offer.

Am I Eligible for Shared Ownership?

Basic Eligibility Criteria

Have a household income under £80,000 (or under £90,000 in London)

Be unable to afford a suitable home on the open market due to high deposit or mortgage costs

Situational Requirements

You're a first-time buyer

You used to own a home but can’t afford to buy again now

You're forming a new household – e.g., after a relationship breakdown

You already own a Shared Ownership home and want to move

You currently own a home but cannot afford a new one that meets your needs

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