Helping you along the buying process

Search for a property in Epsom
Search
Search for a property in Epsom
Search
Tools to check your affordability
Affordability
Tools to check your affordability
Affordability
Contact a mortgage broker
Broker
Contact a mortgage broker
Broker

Shared Ownership FAQs

Find out more
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 Epsom, 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 Epsom?

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 Epsom?

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 Epsom?

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 Epsom?

Share to Buy lists thousands of Shared Ownership homes all across Epsom 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!

Find out more

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

Shared Ownership homes in Epsom can make it easier for first time buyers to access all the amazing benefits that the town has to offer. Those wanting to move to the area can also benefit from Help to Buy homes, which makes laying down roots in a place you love more affordable than you might expect. If you want to stay updated with any Shared Ownership or Help to Buy properties in Epsom, simply sign up to Share to Buy and register to let us know you want to receive alerts when new properties become available.

Known for hosting the famous Derby horse race every year, the charming market town of Epsom has more to offer than just fast-paced sporting action. Located in Surrey, the town was ranked in the top ten of the happiest places to live in the UK by a BBC survey, and homeowners here have good reason to be so content.

Situated conveniently close to the capital, Epsom has excellent rail and road connections to London. Train services allow residents to reach Victoria and Waterloo station in around 45 minutes. This makes it an ideal location for workers who need to commute but don’t want to live in the hustle and bustle of the big city, preferring instead the stunning commons that can be accessed throughout the town.

There’s also a wonderful range of restaurants, great shopping destinations and markets, plus entertainment venues such as the Epsom Playhouse and Myers Studio. There’s unforgettable family days out to be had at the Hobbledown farm, Horton Country Park nature reserve and nearby Chessington World of Adventures, while the M25 road link to Heathrow and Gatwick airports make it easy to jet off and explore the rest of the world.

News

L&Q: Spacious Shared Ownership homes across London

Three bedroom homes available in Hounslow, Ealing, Newham, Southwark and Waltham Forest Over the last year, reports of a shortage of three bedroom homes have led to prospective purchasers rushing to snap up the spacious homes within days of coming to market. With limited supply across the capital and exceptionally high demand seeing 49% of…

Find out more

Catalyst: Shared Ownership apartments available at The Folium, North London

One and two bedroom apartments available in Haringey – ideal for first time buyers First time buyers can get a glimpse of stylish North London living at the show apartment at The Folium, Catalyst’s new development in leafy Muswell Hill.   Providing opportunities for first time buyers to get on to the property ladder in…

Find out more

Legal & General Affordable Homes: Get on the property ladder at White City Living, West London

Modern Shared Ownership apartments available in Hammersmith & Fulham Have you been dreaming about buying your own home and getting on the property ladder in London? If you’re looking to become a first time buyer in the capital but feel like your deposit could use a boost, why not think about Shared Ownership with Legal…

Find out more