Shared ownership is offered under the Government’s Help to Buy scheme and provides an affordable route into home ownership offering an alternative to renting.
The rent you pay covers the cost of providing, managing, maintaining and improving your home.
If you are currently living in a shared ownership home and wish to sell your property then you can find out more here.
As a shared owner you may have the right to purchase more shares in your home. This is called Staircasing.
Find more information about how to maintain or improve your home.
If you’re coming to the end of your mortgage arrangement, you might want to start looking for an alternative deal.