Shared Ownership Solicitors

Solicitor for Shared Ownership Schemes

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.

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Key Contacts

Lamb Brooks LLP
Victoria House
39 Winchester Street
RG21 7EQ
01256 471 085
© Lamb Brooks is authorised and regulated by the Solicitors Regulation Authority - SRA No 559661. Lamb Brooks LLP (registered at Companies House OC363909) whose registered office address is: Victoria House, 39 Winchester Street, Basingstoke, Hampshire, RG21 7EQ