Shared Ownership Houses for Sale

How does it work?

Eligibility

Staircasing

Considerations

Shared ownership houses

Shared ownership

Broadway Lane

by Rooftop Housing Group

Fladbury, Worcestershire, WR10 2QQ

2 & 3 bedroom houses and 2 bedroom bungalows

Prices coming soon

COMING SOON – EXPECTED HANDOVER NOVEMBER 2025 Rooftop Housing Group are delighted to offer you the opportunity to purchase a Shared Ownership property in the charming village of Fladbury: ‍ 2 x 2b3p Bungalow 3 x 2b4p House 8 x 3b5p House Register your interest today and be the first to hear once homes are available to reserve. Please note: Priority will be given to those with a local connection to the area and surrounding parishes. Please contact our sales consultant for more information. For more details please contact us! Images/photographs shown are for illustrative purposes. Floor plans depict a typical layout of this house type and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our sales consultant. Some properties may be a mirror image of the plan shown.

Shared ownership

Dracan Village

by Home Reach

Burton upon Trent, Staffordshire, DE15 9UA

3 & 4 bedroom houses

From £123,998 for a 40% share
(From £309,995 Full Market Value)

Dracan Village features a stunning collection of brand-new 3 and 4-bedroom homes for sale, with three show homes available to view. Located conveniently for both work and play, these stunning new build houses have something for everyone, whether you’re a first-time buyer or looking to move up the property ladder.

Shared ownership

Hounsome Fields

by Gascoigne - Pees

Basingstoke, Hampshire, RG23 7RQ

4 bedroom houses

From £112,500 for a 25% share
(From £450,000 Full Market Value)

***AVAILABLE TO BE RESERVED OFF PLAN*** Stunning four-bedroom house available on the shared ownership scheme. This traditionally built four-bedroom home comes with flexible living space arranged over three floors. Situated on the edge of Basingstoke, Hounsome Fields is a desirable modern development in Kempshott on the south-western outskirts of the town and nearby is well regarded schooling, a church, superstore other shops and public house. Basingstoke Golf Club is also close by as are pleasant walks in Old Down Park and the Beggarwood Park play area. Basingstoke offers extensive shopping and recreational facilities ranging from indoor sky diving and ten pin bowling to theatres, cinemas and museums as well as the shops, bars and restaurants of Festival Place. Basingstoke's excellent transport links, including easy access to the M3 motorway and frequent train services to London (Waterloo from 45 minutes) make it an ideal location for commuters. These impressive homes should be high on your priority list for modern, spacious living in a convenient and attractive location. Financial Breakdown: Full Market Value: £450,000 25% Share: £112,500 5% Deposit: £5,625 Rent (75% Share): £773.44 monthly Shared Ownership, also known as 'part-buy, part-rent' is a great option for new home buyers, or for those struggling to save a large deposit. The Shared Ownership scheme allows you to purchase shares of your home, usually between 25% and 75%, initially and pay rent on the remaining share. Unlike buying on the open market, you don’t need a deposit for 100% of the property price. In many cases, you’ll only need a 5% deposit of the share you’re purchasing (subject to lender availability and criteria). You’ll need to be financially assessed to determine the share you are able to purchase. At Hounsome Fields, you can buy additional shares in your home over time if you’d like to, so that eventually you could own 100% of the property. This property is being sold on behalf of VIVID in partnership with Gascoigne Pees. By enquiring with us your details will be provided to VIVID. VIVID are selling these homes off plan, so viewings are not available until later in your purchase (projected handover date April 2025). *Images shown may be photographs or CGI (computer generated images) of current or coming soon properties. Photographs or CGI images are produced in good faith as visual representations to give potential customers a representation of each house or apartment. They may not represent a specific plot, the finishes, plot sizes and landscaping will vary. • Predicted EPC and council tax band: New build properties, band to be determined.

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: