Helping you along the buying process

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Search for a property in Eastleigh
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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 Eastleigh, 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 Eastleigh?

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 Eastleigh?

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 Eastleigh?

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 Eastleigh?

Share to Buy lists thousands of Shared Ownership homes all across Eastleigh 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 Eastleigh 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 Eastleigh - Shared Ownership Properties for Sale in Eastleigh - Share to Buy

Eastleigh may be a dream place to live, but many first time buyers feel that home ownership is out of their reach. However, Shared Ownership homes in Eastleigh can help to make your property aspirations a reality. Help to Buy homes can also provide assistance in getting your feet onto the property ladder.

If Shared Ownership or Help to Buy properties in Eastleigh sounds like something you’d be interested in, but you don’t know how to keep on top of the latest goings on, sign up to Share to Buy. Register today to let us know you want to receive alerts when new properties become available.

If you think of an idyllic British town, the image you come up with might just look something like Eastleigh. The stunning area may have a long and storied history which helped to mould its impressive sense of character and personality, but one thing hasn’t changed in all that time: this town in Hampshire still remains a distinctly beautiful and charming part of the country. From scenic railroads to amazing parks and pieces of architecture, all of these elements come together to produce a town that few forget.

As you’d expect from a historic railway town, Eastleigh has an incredible sense of culture; this can be found in its museums, theatres and love of sports, to name but a few examples. Of course, if you’re just looking for a great place to have a drink or a bite to eat, that’s also here too with plenty of fabulous bars and restaurants to choose from. With everything from a vibrant culinary scene to captivating cultural hotspots, there really is something here for everyone.

News

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L&Q: Shared Ownership home-buying event in Berkshire

First time buyer homes available at L&Q at Huntley Wharf, Reading On Saturday 21st May, L&Q is hosting a drop in event for hopeful Shared Ownership buyers at their new development, Huntley Wharf in Reading, taking place between 10am and 4pm. Guests attending on the day will be able to take advantage of L&Q’s ‘Season…

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Notting Hill Genesis: Shared Ownership and Help to Buy available in Newham, East London

Open day event at Royal Albert Wharf this spring! Award winning development Royal Albert Wharf is opening its doors this Saturday 14th May, offering buyers the opportunity to experience life down at the docks and view a collection of stunning show homes. The event is centred around the Parkside phase, a beautiful collection of three…

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