Getting started with affordable housing
Sharetobuy.com – an ideal place to start your journey
Share to Buy aims to deliver a ‘one stop shop’ where you can search for affordable properties and potentially find a mortgage to buy them with. As we are also the official website of the Mayor of London’s First Steps home ownership brand, we are the only website which has all available affordable homes for sale in the capital.
What does ‘affordable’ really mean?
You have probably come to sharetobuy.com because you have heard that there are schemes to help people who may not be able to afford the often steep deposits required to purchase a home. When we say ‘affordable’, we are referring to the main Government backed home ownership schemes: shared ownership (otherwise known as ‘part buy part rent’) and shared equity (of which the main scheme is currently Help to Buy).
These schemes are regarded as ‘affordable’ because you can generally put down a significantly smaller deposit than when you buy in the traditional fashion; moreover, the rent on part rent part buy schemes and other schemes such as rent to buy is generally discounted below market level.
Uniquely, Share to Buy uses its experience as a shared ownership mortgage broker to display all properties on the site showing robust affordability information, including an estimate of the minimum deposit you are likely to need to buy each home.
Where do you want to buy?
- If you are looking to buy in London, Share to Buy provides the official property portal of First Steps, the Mayor of London's brand for affordable home ownership in the capital. Go to sharetobuy.com/firststeps to check eligibility for First Steps; register for a user account and search for London shared ownership and shared equity properties.
- If you are buying in the rest of England, where affordable home ownership schemes are branded as 'Help to Buy', go to sharetobuy.com to search for shared ownership properties, compare mortgages for part buy part rent, and find details of solicitors specialising in the Homebuy schemes.
Read about the two main low cost home ownership schemes: part buy part rent and shared equity. Alternatively, you can watch our introductory video or like us on Facebook which will enable you to research our shared ownership mortgage calculator.
20th March 2017
Saturday 18th March saw over 4,400 attendees to London’s No.1 event for first time buyers, the London Home Show Spring 2017.
With 47 exhibitors under one roof, the event offered attendees the opportunity to speak to the biggest names in the first time buyer sector, including housing providers, financial advisors, legal experts and more. Attendees could register their interest in the properties and services on offer from exhibitors, and thousands of leads were generated over the course of the day.
15th March 2017
This guest blog comes from Southern Home Ownership, sponsors of the London Home Show Spring 2017.
Southern Home Ownership is part of Southern Housing Group; one of southern England's largest housing associations, with a growing portfolio of over 26,000 homes across London and the South East. We’ve been helping buyers onto the property ladder for over 30 years, making home ownership a reality for more than 4000 households.
15th March 2017
Our latest guest blog comes from L&Q, sponsors of the London Home Show Spring 2017. The blog, by L&Q Regional Sales Director, Lucy Chitty, looks at L&Q's new Shared Ownership awareness campaign, PricedIn Living.
9th March 2017
Today's guest blog is from Tim Seward Head of Property Sales at London Home Show Spring 2017 at Latimer:
First-time buyers struggling to raise enough cash for a deposit to buy a home of their own are increasingly turning to alternative ways of achieving the dream of home ownership.
Although shared ownership is by no means a new initiative – in fact it has been around since the early 1980s - it’s becoming more mainstream and an accepted part of the UK housing market. A recent report showed that the number of shared ownership purchases has risen by more than 130 per cent in six years.
Start your search for a suitable property here, use the search filters to help you find suitable properties according to area and monthly budget etc. You can sort your search results by 'most recent' to see the newest additions to the website. Check each property for its own eligibility criteria and If you find a property which suits your needs go ahead and click 'contact housing provider' to send an email from the property page, or call the housing provider (their number is visible on the property page when you are logged in).