Shared Ownership: Eligibility and prioritisation - Share to Buy
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Curious about what you’re actually buying when you purchase a Shared Ownership home? 🧐 Listen as Jade explains what is meant by the part-buy part-rent scheme. | Share to Buy
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Let’s break down Shared Ownership 👇 This government-backed scheme is helping thousands of people buy a home with a smaller deposit. Here’s how it works: ✔️ Buy a share of a home (from 10% to 75%). ✔️ Pay a mortgage only on the share you own. ✔️ Pay reduced rent on the rest. ✔️ Increase your share over time — this is called staircasing. And for many first time buyers, it’s making homeownership achievable. 💬 What share would you start with if you were buying today? Head to our website to explore
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