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.
31st December 2016
For those looking for Shared Ownership homes in the south of England, we've had more recent additions which may be of interest.
Click the following link to read on and see these new Shared Ownership houses and apartments which were added to our website in late December. Read on
Click here to begin your search for a shared ownership property in any area.
5th December 2016
While you are looking for a suitable property and going to viewings, there is one task that you can sensibly start, so that when you have been offered a property, your mortgage application is not delayed. All mortgage applications will require that you provide documents as part of the process so start getting your documentation ready.
7th November 2016
We've teamed up with WhatHouse? to bring you Your Guide to Shared Ownership. Inside you’ll find all you need to know about the scheme: whether you are eligible, the process of finding and purchasing a Shared Ownership property, the pros and cons of Shared Ownership and much, much more.
20th October 2016
Read our latest blog from our Mortgage Expert Stephen Dwelley. In this blog Stephen answers the frequenlty asked questions from first time buyers trying understand how much they can borrow for a mortgage and what is affordable.
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).