Islington · Shared Ownership New Build
Share percentage 25%, full price £460,000
Newham · Shared Ownership New Build
Share percentage 25%, full price £397,500
Croydon · Shared Ownership New Build
Share percentage 25%, full price £325,000
Shared Ownership is an alternative homeownership scheme which makes it easier for eligible purchasers to get on the property ladder. Discover your moment on Share to Buy!
Yes! Shared Ownership is very popular in London, especially amongst first time buyers who would otherwise struggle to raise the steep deposits required for homes on the open market.
Acting as a stepping stone, the part-buy part-rent scheme makes getting on the property ladder more accessible for eligible buyers by offering a variety of homes – houses and apartments, new builds and resales – in popular locations across the capital, but at a price that’s more affordable.
Shared Ownership is a home-buying scheme which aims to assist those who can’t afford to buy a property on the private market. Because of this, buyers will need to meet certain eligibility criteria to be able to purchase a part-buy part-rent home.
For those in London, there are maximum caps on income which means that your household must earn less than £90,000. The requirements also outline that purchasers can’t own any other properties and must be a minimum of 18 years old.
Share to Buy are the leading property portal for first time buyer homes in London! If you’re interested in purchasing a Shared Ownership home in the capital, visit our property search tool to view hundreds of homes; you can even use filters to tailor your search to suit your needs including location, bedroom numbers, deposit amount and monthly repayments.
The biggest expenditure when buying a property is usually the deposit, but this is reduced when purchasing a part-buy part-rent home. With Shared Ownership, the buyer will need to raise a deposit of around 5-10% of the share that they’re purchasing, not on the full value of the property.
The Shared Owner will then pay back their mortgage, a below-market-value rent and any service charge on a monthly basis. Aside from this, we would usually recommend a purchaser has around £3,000 to £5,000 saved for other moving fees – you can find out more about these potential costs on Share to Buy.
Yes, Shared Owners are able to buy more shares in their Shared Ownership home through the ‘staircasing’ process.
When initially purchasing a part-buy part-rent home, the buyer will purchase a minimum share of 25-75% of the property. However, the owner can choose to buy more shares in their home and, in most instances, can actually buy 100% of the property. If this happen, they will become the outright owner and won’t need to pay any more rent.
Applying for a Shared Ownership home on Share to Buy is easy! Search for a home on our property search tool and once you’ve found an apartment or house that you’re interested in, simply click the ‘register your interest’ button on the listing and your information will be forwarded to the relevant housing provider who can make contact with you from there.
The biggest names in Shared Ownership and Help to Buy list thier homes with Share to Buy
Share to Buy is the leading online portal for Shared Ownership properties. Established in 2004 as the UK’s first specialist online mortgage broker for affordable home ownership products, the site has since developed into a one stop shop for first time buyers, offering the country’s largest listing of Shared Ownership homes from many of the UK’s biggest housing providers.
Share to Buy is the nation’s biggest and best established affordable home ownership property portal, making it the ideal website for first time buyers looking to take that first step onto the property ladder.
Using our property search tool, you can search for homes that suit your needs via filters such as location, number of bedrooms, monthly outgoings and deposit amount. You can also set up alert preferences so you’ll be notified when new properties that meet your search are announced by email.
Acting as a one stop shop for first time buyers, Share to Buy also offers handy FAQs and guides, interactive mortgage tools, mortgage broker and conveyancing panels, and live events to help potential purchasers on their home-buying journey.
If you are a housing association or developer selling properties through Shared Ownership, Help to Buy and other affordable home ownership schemes, we can list your new build and resale homes on the Share to Buy property portal.
As well as working alongside Registered Providers, we also partner with private sellers who are looking to sell their current Shared Ownership home.
Find out more about advertising your Shared Ownership property on Share to Buy.
I viewed the flat online and thought it looked great, but once I saw it I person, it felt so much bigger.
“We were delighted when our application was successful, we moved in a few months later and settled in really quickly. It definitely feels different now we are home owners, it’s so satisfying knowing we own this place. There is no doubt that Shared Ownership is a good way to get onto the housing ladder in London.”
“A friend at work had just signed up on the Share to Buy website and said I should register too. I didn’t know much about Shared Ownership so the Share to Buy website was really helpful, giving me all the information that I needed about the scheme. It turned out that there were a few properties in my area, so I registered for all of them!”
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