Helping you along the buying process

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Shared Ownership FAQs

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Does 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 Highbury, 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 Highbury?

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 Highbury?

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 Highbury?

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 Highbury?

Share to Buy lists thousands of Shared Ownership homes all across Highbury 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!

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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 Highbury 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.

Shared Ownership Highbury - Shared Ownership Properties for Sale in Highbury - Share to Buy

Many first time buyers can feel disheartened at the prospect of home ownership, worrying that their aspirations are out of reach. Thankfully, Shared Ownership homes in Highbury can help make that vital first step onto the property ladder so much more achievable. Help to Buy homes in Highbury are also an ideal option for buyers looking to lay down roots in this exceptional location.

Do you want to stay up to date with Shared Ownership and Help to Buy properties in Highbury? All you need to do is sign up to Share to Buy and register to receive alerts when new properties become available.

It’s very fitting that Highbury is named after a manor house, considering just how perfect it is to call a home. In fact, that manor house would today be found near Seven Sisters Road. Since it was built in 1271, its creation was facilitated by the decay of another manor. It has since survived and transformed across multiple eras, cultures and owners.

Its transformation is now complete, and what was once the property of kings and the home of a rich stockbroker creates the foundation for a truly remarkable location for thousands of people to settle down in. Of course, this rich history gives Highbury its unique individuality which can still be felt in its beautiful buildings, museums and monuments.

Highbury has also managed to retain the things that have made it so special over the years, unlike many other districts which lose their personalities in the face of ever-expanding progress. It sits right in that sweet spot of areas in London which are neither too quiet and removed from the hustle and bustle of the big centre, but also not so noisy and crowded that you feel closed in and unable to explore.

And explore you can, as open green spaces aren’t something you have to sacrifice when living in this part the capital – with the stunning Highbury Fields being an obvious standout. It’s no surprise then that Highbury has been the source of so much inspiration over the years.

It’s mentioned in various novels and poems, has been the site of recording for some of the most critically acclaimed and best-selling albums in the world, and has also appeared in several films. Today it retains this creative pulse via the likes of the Estorick Collection of Modern Italian Art and the Hope Theatre.

All of this also comes in a location which is as convenient as it is inspiring, with excellent transport links to get you around the city. That’s all without mentioning the tons of great restaurants, bars, pubs, shops and all those other small businesses which keep life going in the busy – but not too busy – streets of Highbury.

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