Featured Developers
The major providers of Shared Ownership, Help to Buy and other affordable ways to buy a home in Plymouth and nationwide have their homes listed on Share to Buy.
Share to Buy: the home of Shared Ownership
Search in Plymouth for your new home
Helping you along the buying process
Tools to check your affordability
Affordability
What is Shared Ownership?
Shared Ownership is an affordable home ownership scheme which makes it easier for eligible purchasers to get on the property ladder. Buyers get a mortgage for the share they can afford, and pay rent on the remaining share.
Shared Ownership FAQs
Find out moreDoes 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 Plymouth, 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 Plymouth?
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 Plymouth?
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 Plymouth?
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 Plymouth?
Share to Buy lists thousands of Shared Ownership homes all across Plymouth 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!
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 Plymouth 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.
SUCCESS STORIES
Laura - Shared Ownership buyer in Newham
“The Shared Ownership calculator on Share to Buy gave me a really clear understanding of what my budget was and what my monthly outgoings would be, including rent and service charge. The buying process of Shared Ownership was really simple - I bought a 35% share of my property and eventually plan on staircasing to own more of it.”
SUCCESS STORIES
Terry and Ashley - Shared Ownership buyers in Newham
“We were delighted when our application was successful, we moved in a few months later and settled in really quickly. It definitely feels different now we are home owners, it’s so satisfying knowing we own this place. There is no doubt that Shared Ownership is a good way to get onto the housing ladder in London.”
SUCCESS STORIES
Sandra - Shared Ownership buyer in Croydon
“From the moment I bought my first share, I knew that I wanted to staircase. A year after I moved in, I staircased to 75% and this past February I purchased the final share, and now I own my home 100% outright. I really do recommend Shared Ownership as a fantastic way to get into the housing market, it worked so well for me.”
Shared Ownership Plymouth - Shared Ownership Properties for Sale in Plymouth - Share to Buy
For first time buyers who believe that purchasing their own home is out of reach, Shared Ownership homes in Plymouth can help them to take those vital first steps on to the property ladder. Help to Buy homes in Plymouth can also help potential purchasers to put down roots in an area they love, and finally find a place to call their own.
If you want to keep up to date with Shared Ownership and Help to Buy homes in Plymouth, all you have to do is sign up to Share to Buy and register to receive alerts. We’ll then automatically notify you when new properties become available.
to Buy homes in Plymouth can also help potential purchasers to put down roots in an area they love, and finally find a place to call their own.
If you want to keep up to date with Shared Ownership and Help to Buy homes in Plymouth, all you have to do is sign up to Share to Buy and register to receive alerts. We’ll then automatically notify you when new properties become available.
The stunning port city of Plymouth can often feel fairytale-like, with its cobbled streets and lights flickering over the rivers to the east and west. And there’s no doubt that this is a strikingly beautiful place to rest your head. However, there’s much more to Plymouth than just a port and a pretty face.
Perhaps what makes Plymouth so unique is an amalgamation of all its varied historical influences. These have given the city its interesting architecture, as well as its distinctive character. Lovers of history will find Plymouth to be an especially enchanting place to live because alongside its many fascinating museums are the living examples of history within its streets. It’s one thing to look upon history from behind a glass and quite another to spend your days walking among it. This is just one way in which living in Plymouth is different to living anywhere else.
Plymouth is also an exciting, modern city, with plenty of great attractions and things to do, meaning that life here never gets boring. For music fans, there are venues such as The Junction, The Underground and Blues Bar and Grill, to name but a few. Maybe the theatre is more your thing? If that’s the case, you can head on down to The Theatre Royale for larger productions, while Drum Theatre is a smaller, more cosy venue. There’s also places like the Plymouth Pavilion for a more diverse array of shows, including stand up comedy and live music.
On top of all this, the city boasts a truly amazing array of world-class restaurants, pubs and parks to enjoy. Things are set to improve even further too, thanks to the Plymouth 2020 Urban Redevelopment Project.
News
Shared Ownership Week 2023 is here!
What to expect from Shared Ownership Week 2023 Home means something to everyone. It’s a place to relax, unwind, feel safe and secure, and spend time with the ones you love. Most importantly, home is yours. Despite the media doom and gloom, the climate of financial uncertainty and the anxiety that surrounds making the biggest…
Find out more
NHG Homes: Discover Shared Ownership at Lampton Parkside
First time buyer homes available in Hounslow, West London “It’s a blessing – if I hadn’t been introduced to Shared Ownership, I wouldn’t be sitting here right now.” – First time buyer puts down roots in West London at NHG Homes’ Lampton Parkside. ● Srekanth (27), two bedroom apartment at Lampton Parkside. ● Purchase price:…
Find out more
London Home Show Sponsors: Meet SiteSales
Shared Ownership homes available at Makers Yard, East London Makers Yard, E16 offers an exciting new build collection of one, two and three bedroom apartments and two and three bedroom duplexes through Shared Ownership with a small selection coming soon for shared equity. Developed by One Housing part of Riverside and split across two blocks…
Find out more