Shared Ownership

For Shared Ownership in London please visit

The Homes for Londoners property search tool is a new way to find a home to buy or rent in the capital. You can use it to find a range of shared ownership homes in London.

From May 2018 this site will start to offer Help to Buy and private sale homes. The Mayor is also working with the rental sector and a range of rented homes will be available on this site from late summer 2018. Be sure to check back then for more homes!

Register so you can save properties while searching on-the-go, check your eligibility for homes and book open day viewings.

Shared Ownership – also known as 'part buy, part rent' -  is aimed at first time buyers who cannot afford to buy a property on the open market. Under the scheme you can buy at least a 25% share in a home and pay a regulated rent to the freeholder on the remaining share. 

How does it work?

Shared ownership buyers need household incomes that let them afford to pay between 25% and 75% of the full market value of the property. They’re also expected to have a 10% mortgage deposit for the share to be purchased. Mortgage amount and repayments are then lower than buying a property on the open market.

The rent on the unsold share is capped at 2.75% of its value when the first share is sold. You can buy more shares in the property when you can afford to until you own the property outright. This is known as ‘staircasing’. Additional shares are based on the market value of your property at the time of staircasing.

Buying more shares will cut the amount of monthly rent you pay. 

If your property is in an estate with common areas, you will pay a service charge for maintenance and upkeep of these areas and the grounds of your building.

Priority applicants

Priority for shared ownership is given to applicants who are:

  • Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last two years) and/or
  • those who live or work in the local area

Criteria may vary across each development.

Are you eligible?

You are eligible for shared ownership if you:

  • have a gross household income of no more than £90,000 a year
  • are an existing shared owner
  • do not already own a home or have sold your home before your purchase
  • are unable to buy a property that suits your needs on the open market

People with disabilities

You can apply for a home through a scheme called Home Ownership for people with Long-term Disability (HOLD), if available shared ownership properties do not meet your needs. Shared ownership applicants should look for a more suitable property on the open market and work with a housing provider to buy the property through shared ownership.

Older people

If you’re 55 or older you can buy under the Older People’s Shared Ownership scheme. You can still buy between 25% and 75% of a shared ownership property - the difference is you can only buy up to 75% but once you hit that share, you won’t have to pay rent on the remaining 25%.



Finding a Shared Ownership Property ...

Property Booking is the UK's first national shared ownership property portal.

Launched in mid 2017, Property Booking is the leading Shared Ownership portal for first time buyers and the preferred online listing site for affordable home ownership providers.

From high profile city centre developments to traditional town and country family homes, brand new properties to resales, our listings provide detailed property information, eligibility tools and appointment booking facilities. Everything you’ll need to help find your perfect shared ownership home.

The Property Booking team brings together vast experience working within the affordable home ownership sector and we strive to use our knowledge, expertise, and the latest technology to provide the best customer experience possible.

Central to our approach is providing a seamless and easy step-by-step journey across every Property Booking touch point, because we are passionate about making shared ownership less complicated for the people who need it the most.