Shared Ownership Mortgage

What is a shared ownership mortgage?

A shared ownership mortgage allows you to buy part of a property and pay rent on the rest, with the option to buy more shares over time.

How it works

You purchase a share (often 25–75%) with a mortgage and pay rent on the remaining share. As your circumstances improve, you can buy further shares until you own the property outright.

Why choose this mortgage

• Lower deposit needed compared to buying outright
• A more affordable way onto the property ladder
• Flexibility to increase ownership gradually

How we can help

We’ll explain how the scheme works, check your eligibility, and secure the right mortgage deal to get you started.