Featured Developers
The major providers of Shared Ownership, Help to Buy and other affordable ways to buy a home in Gravesham and nationwide have their homes listed on Share to Buy.
Find a Shared Ownership Home in Gravesham
Search in Gravesham for your new home
Helping you along the buying process
Tools to check your affordability
Affordability
What is Shared Ownership?
Shared Ownership is an affordable home ownership scheme which makes it easier for eligible purchasers to get on the property ladder. Buyers get a mortgage for the share they can afford, and pay rent on the remaining share.
Shared Ownership FAQs
Find out moreDoes Shared Ownership mean sharing with someone else?
No – this is a common misconception but the ‘shared’ aspect of the scheme simply means you’re sharing ownership of your home with a housing association.
If you decide to buy a Shared Ownership home in Gravesham, you’re effectively purchasing a portion of your property. Your initial share will usually be between 25% to 75%, paying a mortgage on the part that you own and a below market value rent on the remaining share.
Can I ever fully own a Shared Ownership home in Gravesham?
Yes – Shared Owners can choose to buy additional shares in their property by ‘staircasing’.
When buying a Shared Ownership home, you will initially purchase a minimum percentage somewhere between 25% to 75%. Down the line, if you find that your financial circumstances have changed, buyers will have the option to buy more shares.
If you choose to buy a higher percentage, your mortgage repayments will increase while the rent you pay will decrease. In the majority of cases there aren’t any restrictions and you can buy 100% of your home – in this instance, you would become the outright owner.
Do I meet the eligibility criteria for Shared Ownership homes in Gravesham?
As a home-buying product aimed at helping those who can’t afford to purchase a property on the open market, there are certain requirements that buyers will need to meet to be considered eligible for Shared Ownership.
For example, there are caps on household income which means that you must earn less than £80,000 to be eligible for the scheme – or less than £90,000 if you would like to buy a home in London. The criteria also states that buyers must be at least 18 years of age and do not own another property either in the UK or abroad.
How much does Shared Ownership cost in Gravesham?
Shared Ownership properties enable you to put down a smaller deposit compared to those required on the open market – buyers will usually need to put down 5% to 10% of the share that they’re buying, rather than the full market value of the home.
On a monthly basis, buyers will be required to pay their mortgage, a subsidised rent and service charge on their home, however, these repayments often work out cheaper than or equal to renting privately in the same area. Other costs to consider when buying a home include solicitor and mortgage broker fees – you can find out more about these costs on Share to Buy.
Are there Shared Ownership homes in Gravesham?
Share to Buy lists thousands of Shared Ownership homes all across Gravesham and beyond – including new build properties and those available through resale.
Shared Ownership is available on a variety of homes including cosy studios, stylish apartments and traditional family homes. Check out our property search tool to start looking for your new home today!
The steps to find your new Shared Ownership home
1
Research
We have a wealth of tools, FAQs, guides and blogs to help you understand your options
2
Search for a property
Find the right home for you in Gravesham and register your interest
3
Speak to the specialists
Contact a Mortgage Broker and Solicitor Panels to help you through the buying process
Find your home with Share to Buy
Learn more about the UK's leading first time buyer property portal, specialising in affordable home ownership options including Shared Ownership and Help to Buy
Start your search today
Who are 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.
Why should I register with Share to Buy?
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.
Can I advertise my home on Share to Buy?
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.
SUCCESS STORIES
Sarah - Shared Ownership buyer in Brixton
I viewed the flat online and thought it looked great, but once I saw it I person, it felt so much bigger.
SUCCESS STORIES
Emily - Shared Ownership buyer in Gloucestershire
“If you are considering Shared Ownership, I would 100% recommend using Share to Buy to learn more about the scheme and assess your options. Shared Ownership is an excellent stepping stone into the property market – it’s worked so well for me. It’s given me a freedom and flexibility I wouldn’t have had if I bought on the open market!"
SUCCESS STORIES
Terry and Ashley - Shared Ownership buyers in Newham
“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.”
Shared Ownership Gravesham - Shared Ownership Properties for Sale in Gravesham - Share to Buy
For first-time buyers feeling worried that their ambitions are out of reach, Shared Ownership homes in Gravesham could be the answer for taking those initial steps onto the property ladder. Help to Buy homes in Gravesham can also make it easier than ever for potential purchasers to lay down roots in an area they love.
To stay on top of all the latest Shared Ownership and Help to Buy properties in Gravesham, all you need to do is sign up to Share to Buy and register to receive alerts. It really is that easy!
There are perhaps few places as quintessentially British than those found within the jurisdiction of Gravesham Borough Council. It’s an area that is so rich in heritage, as exemplified by its many historic sites including Tilbury Fort and St. George’s Church. These not only provide interest for local history buffs and visitors but also help to lay the foundation for the local culture and unique sense of personality which makes Gravesham such an interesting place to call home.
Of course, we can’t talk about living anywhere in Kent without mentioning the glorious woodland, the sprawling parks or all the other amazing places for young and old to roam and enjoy the simple things in life. This captivating greenery makes this an ideal location for families, and pretty much anyone for that matter.
As we mentioned, Gravesham is also an area which has a terrific sense of heritage. It boasts architectural gems such as the stately home of Cobham Hall, dating all the way back to Roman times. All this is balanced out with a sense of fun too, with plenty of sports and activity options, as well as art and entertainment venues both big and small nearby.
On top of all this, the borough also benefits hugely from a top-notch road network, high-speed railway and even links to Europe through the Channel Tunnel. This means residents can a beautifully typical British setting while being conveniently connected to the rest of the country and the continent beyond.
News
Autumn Budget 2024: What do the changes mean for homebuyers?
The housing market is set to see some significant updates next year Following the change in government earlier in the year, Chancellor Rachel Reeves presented her first Autumn Budget on October 30th 2024, outlining the Labour Party’s key priorities. Here’s what you need to know about the impact the Budget will have on the housing…
Find out more
Legal & General Affordable Homes: Make your move with Shared Ownership in London
Dreaming of owning your own home in London, but feeling overwhelmed by rising private rents and the cost of living? You’re not alone. Many people wonder how to break into the London property market without stretching their finances to the limit. The answer may be simpler than you think: Shared Ownership. Let’s break down Shared…
Find out more
Sovereign: Boost your budget with Deposit Match at Knights Quarter
One bedroom apartments available in Winchester now! Saving enough for a deposit on a home is arguably the biggest obstacle facing house hunters today, and it’s largely due to the rising costs of everyday essentials and high mortgage rates we’re all experiencing. A recent survey from Nationwide found that 88% of aspiring homeowners have had…
Find out more