Helping you along the buying process

Search for a property in the South West
Search for a property in the South West
Tools to check your affordability
Tools to check your affordability
Contact a mortgage broker
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 the South West, 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 the South West?

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 the South West?

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 the South West?

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 the South West?

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

Many first-time buyers can be left feeling disheartened that the prospect of home ownership is beyond their reach. Thankfully though, with Shared Ownership homes in the South West, that vital first step onto the property ladder is more attainable than ever. Help to Buy homes in the South West are also ideal for buyers looking to settle down somewhere special.

Do you want to stay up to date with the latest Shared Ownership and Help to Buy properties in the South West? Well, all you need to do is sign up to Share to Buy and register to receive alerts when relevant properties are added to your desired market.

We’re afraid that mere words aren’t going to do the South West justice – although we’re certainly going to try. There are many beautiful parts of England and the United Kingdom in general. However, we’d argue that nowhere holds as much magic as the small and humble space of land which makes up the South West of England.

Of course, its size is relative because when you look out amongst the vast moorlands of Dartmoor National Park, for instance, it’s easy to imagine that those sensational sights could go on for an eternity. That being said, they must make way for all the other impressive natural beauties that contribute to this heady slice of British gorgeousness.

There is the iconic Stonehenge, which is not only one of the most famous historical sites in the South West but also amongst the most well-known in the whole world. Then there’s the sensational Eden Project. This truly unique botanical garden stimulates the senses just as fervently as it educates. Land’s End is the perfect Cornish bookmark to our green and pleasant land, while the likes of Exmoor National Park, Tintagel Castle, Cheddar Gorge and so, so much more also overwhelm with their magnificence.

We’ve only just scratched the surface with those examples, and we can’t reiterate just how much these places are meant to be experienced in person, not just read about. They are also the kinds of attractions which never get old, nor is a lifetime enough to fully explore everything they have to offer. That just makes the South West such an ideal place to live for anyone whose love for nature and adventure can never truly be satisfied.

However, that’s far from all that the South West has to offer, amazing though all those sites are. This is a part of the country that is made up of communities. BathBournemouthBristolCornwall, the Cotswolds, DevonDorsetExeterGloucestershireSomersetWiltshire and more all provide incredible experiences of their own.

Each location is distinct and individual in its charms and offerings, with a vast array of employment and educational opportunities, alongside restaurants, pubs, bars, cafes, shops and all the little things which bring a place together and make it a home. The South West is not just somewhere to be entranced by nature: it’s somewhere you can build a life.


Notting Hill Genesis: Local buyers get on the property ladder with Shared Ownership

First time buyers secure their oasis at Heron Quarter Becci a Senior Grants and Programmes Manager at the PRS Foundation and her partner Dan have just purchased a 30% share of a two bedroom apartment at Notting Hill Genesis’ Heron Quarter at Woodberry Down development. Already renting a one bedroom flat at the Woodberry Down…

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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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