Shared Ownership lets you buy a share of a property (often 25%–75%) and pay subsidised rent on the remainder. It's a genuine route onto the ladder with a smaller deposit, but the mortgage structure and staircasing (buying more shares later) have specific lender requirements we navigate for you.
How the mortgage works
You take a mortgage on your purchased share only, with a deposit based on that share - not the full property value. The rent on the unsold share is paid to the housing association alongside your mortgage. We match you to lenders comfortable with shared ownership leases.
- Mortgage on your purchased share only
- Deposit based on the share, not full value
- Lenders experienced with housing association leases
Staircasing
Staircasing means buying additional shares later, reducing your rent. Each staircasing event needs a new mortgage or capital and a revaluation. We arrange the financing for staircasing and explain the cost at each step.
- Financing for buying additional shares
- Revaluation at each staircasing event
- Rent reduction calculated at each step
