Shared ownership houses for sale | What is shared ownership?

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Wellington Place

by Midland Heart Housing Association

Market Harborough, Leicestershire, LE16 9FN

2 & 3 bedroom houses

for a 35% share
(£98,000 - £112,000 Full Market Value)

Brand New 2 & 3 Bedroom Houses available to buy on Shared Ownership. Located on a new Davidsons development called Wellington Place in the sought after town of Market Harborough in Leicestershire. This charming market town is full of history, culture, delicious food and independent retailers and was voted one of the best places to live in the country. · 2 Bedroom Houses - from £96,250 for a 35% share* · 3 Bedroom Houses - from £108,500 for a 35% share* · Available on new Shared Ownership scheme with 990 year lease · Option to buy more shares to own 100% of the property in the future Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking. Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy. Price 2 Bedroom from £275,000 (100%) 35% share = £96,250* Rent = £409.64 3 Bedroom from £310,000 (100%) 35% share = £108,500* Rent = £461.77 Plus the following monthly charges: Management Charge: £22.00 Buildings Insurance: £17.30 Estate Charge: £17.43 *The Price advertised is for our target share of 35% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale. Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment. ^Images/photographs shown are for illustrative purposes only & simply represent a typical Midland Heart property at this location. >Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. All dimensions are approximate only & estimate the widest and longest points of each room. As they are only approximate, they should not be used for carpet sizes, appliance spaces and furniture. These particulars do not form part of a contract or warranty.

Shared ownership

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Launching autumn 2025

Moat at Crown Hill View

by Moat Homes

Ashford, Kent, TN24 9QP

Houses

From £103,750 for a 25% share
(From £415,000 Full Market Value)

Shared ownership in Ashford | Moat Homes Crown Hill View Welcome to Crown Hill View, an exciting new development in the sought-after area of Kennington, Ashford. This peaceful, well-connected neighbourhood will soon offer a collection of 2 bedroom apartments, all available through shared ownership. It's a rare opportunity to step onto the property ladder in a location that perfectly balances green, village-style living with excellent access to Ashford’s transport links, including the M20 and high-speed rail to London. Whether you're looking for your first home or a spacious place for your growing family, Crown Hill View has something for everyone. Each home is thoughtfully designed to offer both comfort and style, in a community that feels calm, safe and welcoming. Set in a green and tranquil neighbourhood, Kennington is known for its tree-lined streets, local parks, and family-friendly atmosphere. Despite its quiet charm, Crown Hill View is just minutes from Ashford’s vibrant town centre, where you’ll find everything from shopping centres and restaurants to cultural attractions. With superb transport links and a location that offers both peace and convenience, Crown Hill View gives you the best of both worlds. Be Among the First – Register Your Interest Today We’ll be releasing these homes soon — register your interest today to be among the first to hear when they’re available to reserve. Complete your application form online today. Don’t miss your chance to buy in one of Ashford’s most desirable areas. Register your interest today!

Shared ownershipGreen features

Belgrave Place

by Home Reach Flex

Isle of Sheppey, Kent, ME12 3UW

3 bedroom houses

From £255,000 for a 75% share
(From £340,000 Full Market Value)

Just over an hour’s commute from London, near the historic seaside town of Sheerness, we’re creating an exciting new development of modern, stylish and great value 3 bedroom homes. So, come and discover the Keepmoat Homes way of life at this stunning location. There’s so much more to this development than simply being within commuter distance of London. With fantastic amenities on your doorstep, stunning wildlife and stunning beaches nearby, it’s the perfect place for professionals and families. All Keepmoat homes are thoughtfully designed to offer the features that make modern living so easy and convenient. *Images are for illustrative purposes only. Please speak to Sales Adviser for full details* Key Information about Shared Ownership *Rent is charged at 3.25% of the share that you do not buy, spread over 12-months. Rents increase annually by RPI +0.5%. **Heylo allows customers to have a pet but if you already have a pet, or plan to get one, please ensure you seek permission from any managing agent or developer prior to reserving your home.

Shared ownership

How does Shared ownership work?

Shared ownership allows you to buy a share of a new house and pay rent on the remaining part. It is a government-backed incentive scheme, primarily aimed at helping first time buyers onto the property ladder. You can also use it to buy a bigger home than you can afford on the open market.

The percentage you can purchase may be different depending on where you buy the home:

In England, you can buy shares of between 10% and 75% of the full market value
In Scotland, you can buy a 25%, 50% or 75% share
In Wales, you can buy shares of between 25 and 75% of what the home is worth

Shared ownership is also known as ‘part-buy, part-rent’.

You will purchase your shared ownership property via a housing association or council. The home will be a new build or a re-sale of an existing shared ownership property, of which you’ll need to purchase the same percentage of shares as the existing owner, or more.

You will need a deposit and a mortgage on your share of the property that you are buying. The remaining share is owned by the housing association or council, and you will pay rent comprising up to 3% of this amount.

Although the housing association may have shares of up to 90% in your home, you will become the owner of the lease. As the leaseholder, you will be responsible for repairs inside the property and the housing association will take care of the outside.

To cover any costs that might be necessary for outside work, you will need to pay a service charge, usually paid monthly. It is a good idea to find out how much the service charge is and factor that into all monthly outgoings before you agree to buy.

Shared ownership eligibility

In England, this scheme is available to those in a household with a combined income of less than £80,000 a year (or £90,000 in London), and you are unable to afford a deposit and mortgage payments on a suitable property for you and your family. In Wales, you must have a combined income of less than £60,000.

There are other criteria you must meet, such as:

being a first time buyer, or
if you used to own a home but can no longer afford to buy outright, or
you want to move from one shared ownership property to another, or
you're setting up a new household, for example after a relationship breakdown, or
you currently own a home, and wish to move but cannot afford to buy outright.

You will also need to have no outstanding credit issues, so make sure you get your finances in order before you apply.

Criteria varies by country, so be sure to check before applying.

A development of Shared Ownership homes in England

What is Staircasing in Shared ownership?

You can buy additional shares of your home, usually in increments of 10%, until you own the majority or all of your home. Some older leases set the minimum amount at 25%, and newer ones may allow you to buy as little as 5% at a time. There are some instances where you may be able to buy 1% shares.

This process is called staircasing and allows you to own more of your home as you earn more money or can afford a bigger mortgage. Each time you wish to purchase more shares, these will be based on the value of the home at the time of buying the shares, and not the value of your home when you first bought it.

You will need to pay for a professional valuation of your property to determine the value of the shares before you can buy them. Buying more shares in your home will also mean paying less rent.

Things to consider before buying a Shared ownership home

There are other factors which may impact your decision on whether shared ownership is right for you:

You will still need a deposit for the mortgage portion of your home, usually between 5% and 10% of the value of the mortgage.
All usual moving fees apply including surveys, stamp duty and legal costs.
If you’re aged 55 or over, you may be eligible for Older People’s Shared ownership (OPSO) but bear in mind, you will only be able to own up to 75% of your home.
If you are a key worker, then a percentage of properties through housing associations will be allocated to those who work for the NHS, police, local authorities, Ministry of Defence and many more. Ask the housing association for more information.

Useful links

Find out more about shared ownership in England

Find out more about shared ownership in Scotland

Find out more about shared ownership in Wales

Shared ownership providers

The following housing associations and developers have shared ownership properties available throughout the UK which you can enquire via this website: