Shared Ownership…what’s it all about?

Shared Ownership is all about getting your foot on the property ladder. It’s a good alternative to renting if you can’t afford the deposit to buy a house.

You buy a share in a home and then pay a reduced rent on the share that you don’t own. Shares range from 25% to 75% initially, with the option for you to buy more shares once you’ve moved in.

Shared Ownership homes

You’re able to buy a Shared Ownership home if:

  • Your household earns £80,000 a year or less.
  • Either you’re a first-time buyer, you don’t own your own home, or you already own a shared ownership home and would like to move to another.
  • Your income is sufficient to cover the mortgage (if applicable), rent and service charges.
  • Your chosen Shared Ownership home is affordable and sustainable for you.

Before arranging a viewing for a Shared Ownership property you should fill in and return our Shared Ownership Application Form.

Shared Ownership Application Form

Buying more of your home…also known as staircasing

You can buy shares in our Shared Ownership homes ranging from 25% up to 75% initially. However, you can own more shares in your home, 100% in fact – which is what’s known as staircasing.

Share Ownership (also known as part buy part rent) is an affordable way to own a home. The more shares you own, the less rent you pay and it also means when you come to sell, if the value of your home has increased, you could make more profit!

You don’t have to buy the remaining shares all at once, you can do it in affordable stages, but we’d suggest you wait until you can afford to buy at least an additional 10%, to make it worthwhile.

If you’d like to buy more shares in your home, please get in touch with a member of our team and we’ll be more than happy to go through the options with you.

Get in Touch

Search Properties

Price Range:

1 to 5 bedrooms

Be in the know...

Be the first to receive the latest Open Door news and property updates by signing up to our email Newsletter!
Price Range:
Size SQ FT:

1 to 5 bedrooms

Enquire Now

Book a Viewing

To find out more about this property, get in touch! Our friendly and helpful team would be more than happy to answer all of your questions. To get in touch, simply complete the below contact form. 0333 0044777

To book a viewing of this property or to find out more details get in touch with a member of our helpful team. You can contact the team by filling in and submitting the below enquiry form. 0333 0044777


arrow_downinfo-Asset 1arrow_righttail-left-outline-16Created with Sketch. tail-left-outline-16Created with Sketch. avatar bedbrochure-icn calendarcert info-Asset 1info-Asset 1clockcrossfloor_planinfo-Asset 1info-block-managementinfo-buyinfo-commercialinfo-defaultinfo-extra-careinfo-luxuryinfo_outline info-rentinfoinfo-Asset 1info-Asset 2info-Asset 1map_markermapCreated with Sketch. money-bagnewsoffice_sizepaper pencilphone-call-glyph-16Created with Sketch. phoneplaypriceprintinfo-Asset 1property-search-buyproperty-search-rentpropertyquoteRentToBuysearchshareSharedOwnershipsiteplanCreated with Sketch. social_facebooksocial_googleplussocial_instagramsocial_linkedinsocial_pinterestsocial_twittersocial_youtubestar ticktime