Shared ownership schemes are usually provided by housing associations or private developers and allow you to obtain a stake in a property. The details, costs and restrictions involved vary by provider but in essence shared ownership schemes allow buyers who meet certain criteria to buy a stake (%) in a property, while paying rent on the remaining share to the housing association or private developer that own the building. You should be able to buy more of the property by “staircasing” i.e. increasing your share and in turn reducing your rent.


Such schemes enable you to get on to the property ladder more quickly than you might if you wanted to buy a property outright and it may be cheaper than renting but as with all attempts to enter the property market you need to apply some caution.


Please speak to our team for further information.

Key Contacts

Sheena Aston

Head of Property Law Team

Related Articles

Wednesday 17 October, 2018

A Quick Guide For First-Time-Buyers

Buying a home can be stressful, especially for first-time buyers, so it's wise to do some research to ensure you know exactly what you’re getting...


Tuesday 12 June, 2018

Property: Beware of Fraud & Scams

Follow these steps to help you reduce your risk of being subject to property fraud...


Friday 4 May, 2018

Buying Your First Home Together

Moving in together can be such a joyous experience but, let’s be honest; it can also be extremely scary! The process before receiving the keys can...