Helping you along the buying process

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Search for a property in Bath
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Shared Ownership FAQs

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Does Shared Ownership mean sharing with someone else?

No – this is a common misconception but the ‘shared’ aspect of the scheme simply means you’re sharing ownership of your home with a housing association.

If you decide to buy a Shared Ownership home in Bath, you’re effectively purchasing a portion of your property. Your initial share will usually be between 25% to 75%, paying a mortgage on the part that you own and a below market value rent on the remaining share.

Can I ever fully own a Shared Ownership home in Bath?

Yes – Shared Owners can choose to buy additional shares in their property by ‘staircasing’.

When buying a Shared Ownership home, you will initially purchase a minimum percentage somewhere between 25% to 75%. Down the line, if you find that your financial circumstances have changed, buyers will have the option to buy more shares.

If you choose to buy a higher percentage, your mortgage repayments will increase while the rent you pay will decrease. In the majority of cases there aren’t any restrictions and you can buy 100% of your home – in this instance, you would become the outright owner.

Do I meet the eligibility criteria for Shared Ownership homes in Bath?

As a home-buying product aimed at helping those who can’t afford to purchase a property on the open market, there are certain requirements that buyers will need to meet to be considered eligible for Shared Ownership.

For example, there are caps on household income which means that you must earn less than £80,000 to be eligible for the scheme – or less than £90,000 if you would like to buy a home in London. The criteria also states that buyers must be at least 18 years of age and do not own another property either in the UK or abroad.

How much does Shared Ownership cost in Bath?

Shared Ownership properties enable you to put down a smaller deposit compared to those required on the open market – buyers will usually need to put down 5% to 10% of the share that they’re buying, rather than the full market value of the home.

On a monthly basis, buyers will be required to pay their mortgage, a subsidised rent and service charge on their home, however, these repayments often work out cheaper than or equal to renting privately in the same area. Other costs to consider when buying a home include solicitor and mortgage broker fees – you can find out more about these costs on Share to Buy.

Are there Shared Ownership homes in Bath?

Share to Buy lists thousands of Shared Ownership homes all across Bath and beyond – including new build properties and those available through resale.

Shared Ownership is available on a variety of homes including cosy studios, stylish apartments and traditional family homes. Check out our property search tool to start looking for your new home today!

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The steps to find your new Shared Ownership home

1
Research
We have a wealth of tools, FAQs, guides and blogs to help you understand your options
2
Search for a property
Find the right home for you in Bath and register your interest
3
Speak to the specialists
Contact a Mortgage Broker and Solicitor Panels to help you through the buying process

Find your home with Share to Buy

Learn more about the UK's leading first time buyer property portal, specialising in affordable home ownership options including Shared Ownership and Help to Buy
Start your search today
Who are Share to Buy?

Share to Buy is the leading online portal for Shared Ownership properties. Established in 2004 as the UK’s first specialist online mortgage broker for affordable home ownership products, the site has since developed into a one stop shop for first time buyers, offering the country’s largest listing of Shared Ownership homes from many of the UK’s biggest housing providers.

Why should I register with Share to Buy?

Share to Buy is the nation’s biggest and best established affordable home ownership property portal, making it the ideal website for first time buyers looking to take that first step onto the property ladder.

Using our property search tool, you can search for homes that suit your needs via filters such as location, number of bedrooms, monthly outgoings and deposit amount. You can also set up alert preferences so you’ll be notified when new properties that meet your search are announced by email.

Acting as a one stop shop for first time buyers, Share to Buy also offers handy FAQs and guides, interactive mortgage tools, mortgage broker and conveyancing panels, and live events to help potential purchasers on their home-buying journey.

Can I advertise my home on Share to Buy?

If you are a housing association or developer selling properties through Shared Ownership, Help to Buy and other affordable home ownership schemes, we can list your new build and resale homes on the Share to Buy property portal.

As well as working alongside Registered Providers, we also partner with private sellers who are looking to sell their current Shared Ownership home.

Find out more about advertising your Shared Ownership property on Share to Buy.

Shared Ownership Bath - Shared Ownership Properties for Sale in Bath - Share to Buy

If you’re buying a property for the first time, then Shared Ownership homes in Bath can help you to take your first step onto the property ladder. Plus, with Help to Buy homes in Bath, you can settle down in a city you truly love.

At Share to Buy, we can send you alerts whenever new Shared Ownership and Help to Buy properties in Bath come onto the market – simply sign up to Share to Buy and register to let us know you want to receive alerts when new properties become available and we’ll help you find your dream home today!

Situated in the beautiful rolling English countryside and boasting wonderful Georgian architecture, Bath is one of the most picturesque places in the country. When you take into account the incredible attractions including the exquisite Bath Abbey, Royal Crescent and the Roman Baths, which are the world’s best-preserved Roman ruins, it’s no wonder that Bath has been named a citywide UNESCO World Heritage Site.

Alongside its rich heritage and beautiful aesthetic, the city also has so many benefits to offer its residents. Convenient transport connections are available through Bath Spa railway station, which offers quick connections to both the capital and Bristol Temple Meads, making it ideal for those commuting for work in London or simply want to explore Devon and Cornwall. And thanks to its affordable housing, good job opportunities and excellent educational facilities, Bath was named the fifth-best place in the UK to raise a family in a survey by Money Super Market.

The city also offers a vibrant entertainment scene, eclectic culture, modern retail destinations and buzzing nightlife, including some of the best bars and clubs in the country. From a choice of theatres, including the exceptional Theatre Royal, to the sporting action over at the Bath Racecourse and the tranquillity offered by Thermae Bath Spa, there really is something for everyone.

News

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