Helping you along the buying process

Search for a property in Houlton
Search for a property in Houlton
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Tools to check your affordability
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Contact a mortgage broker

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 Houlton, 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 Houlton?

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 Houlton?

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 Houlton?

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 Houlton?

Share to Buy lists thousands of Shared Ownership homes all across Houlton 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

We have a wealth of tools, FAQs, guides and blogs to help you understand your options
Search for a property
Find the right home for you in Houlton and register your interest
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
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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 Houlton - Shared Ownership Properties for Sale in Houlton - Share to Buy

If you’re a first time buyer, it can often feel as though home ownership is beyond your reach. With Shared Ownership homes in Houlton though, that doesn’t have to be the case. They can help you finally take that vital first step onto the property ladder. Help to Buy homes in Houlton also make a great choice for buyers looking to lay down roots in locations they are proud to call home.

Do you want to keep up to date with Shared Ownership and Help to Buy properties in Houlton or the wider Warwickshire area? We make it so quick and simple. All you need to do is sign up to Share to Buy and register to receive alerts, so we can notify you when relevant properties become available.

If you’re looking at places to live, even if you are in Warwickshire, there’s a chance you haven’t yet heard of Houlton. If so, that’s pretty understandable because this housing development is about as new as they come. In fact, the first residents only began living here in the last month of 2017. However, it’s already set to look like a thriving community, with over 6,000 houses expected by the end of the development.

This offers an amazing opportunity to get in on the ground floor of an exciting new community: one where the communal factor is already being taken seriously. There is already a restored farmhouse being used as a visitor’s centre, a restaurant and cafe, a new primary school, a community centre and even an adventure play area nearby. Not only that but a secondary school and a G.P. surgery are in development, with further transport links also being created to make access to the town centre even easier.

And let’s talk about those surrounding areas for a moment because although the things we can see happening in Houlton are exciting, it’s important to remember that this housing development is not an island. It’s perfectly situated next to some of the most remarkable parts of the country. There’s the beautiful village of Crick and the historic town of Rugby nearby, where you will also find direct trains to London, Glasgow, Birmingham and more. Houlton isn’t just expanding but it’s also about expanding your horizons.

Access to so much means that you can enjoy everything Houlton already has to offer – and will soon be able to offer, as more developments bear fruit – as well as opportunities and experiences throughout the country. In fact, Houlton itself is not without its own history, despite being such a new development.

The site sits upon what was Rugby Radio Station, home of the first transatlantic telephone call from Houlton, Maine in the United States. Hence where this housing estate gets its name. Clearly, this is an area which has had huge ambitions for several decades. And if you have sky high expectations for your home, Houlton could just be the place.


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