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Shared Ownership Mortgage

Shared Ownership Mortgage Solutions – Your Step onto the Property Ladder Starts Here.

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Get on the Property Ladder with Help to Buy: Shared Ownership

Shared Ownership Mortgage a house split in two showing some owned with mortgage and some rented

Struggling to afford a mortgage on 100% of a home? The Help to Buy: Shared Ownership mortgage scheme could be the solution. It allows you to buy a share of a property—between 25% and 75% of its value—while paying rent on the remaining portion. When you’re ready, you can increase your share over time until you own more, or even all, of the home.

Who Can Use the Shared Ownership Scheme in England?

You may be eligible if:

✅ Your household earns £80,000 or less per year outside London (or £90,000 or less in London).
✅ You’re a first-time buyer, a former homeowner who can’t afford to buy now, or an existing shared owner looking to move.

Who Can Use the Shared Ownership Scheme in Wales?

You may be eligible if:

✅ Your household earns £60,000 or less per year

✅ You’re a first-time buyer, a former homeowner who can’t afford to buy now (after a divorce, for example), or relocating for work purposes to an area where property prices do not allow you to buy a home suitable for your family size.

What Homes Are Available?

With a Help to Buy: Shared Ownership mortgage, you can purchase a new-build home or an existing property through housing association resale programs. You’ll need a mortgage or savings to cover your share of the purchase price. Keep in mind that all Shared Ownership properties are leasehold.

The Shared Ownership mortgage scheme makes homeownership more affordable by lowering upfront costs and giving you the flexibility to increase your share over time.

Want to learn more? Complete the form below and we’ll get back to you to discuss your mortgage needs. We are regulated by the Financial Conduct Authority.

Frequently Asked Questions

Can I choose any mortgage lender for a Shared Ownership property?

Yes, you’re free to choose any lender offering a Shared Ownership mortgage, though not all lenders do. Why not have a chat with us? We can guide you to lenders who are more flexible with Shared Ownership cases.

Yes. Larger improvements typically need written permission from your housing association. Before investing in renovations, it’s worth checking your lease agreement. If you’re considering financing, speak with one of our trusted advisers who can help explore re-mortgage options.

Some housing associations do allow lodgers, but permission is often required. You must continue to live in the property as your main home. If you’re exploring this to ease financial pressure, a conversation with one of our mortgage experts might uncover better alternatives, like reducing your monthly repayments.

You must be at least 18 to apply. While there’s no strict upper limit, your age may impact the mortgage term available. Many lenders have specific criteria, and an adviser can help you find a lender whose terms match your circumstances.