What is Shared Ownership?
If financial constraints mean you are struggling to get on the property ladder, Shared Ownership could be for you. The scheme allows you to buy a share in a home that you can afford and introduces you into home ownership in manageable stages.
Shared ownership is an option for eligible people who are unable to afford a suitable property on the open market but would like the security of home ownership. In the future you can sell your share for the market value at the time or you can purchase further shares, known as staircasing. Our Guide to Staircasing explains this in further details