Featured Developers
The major providers of Shared Ownership, Help to Buy and other affordable ways to buy a home in the North West and nationwide have their homes listed on Share to Buy.
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.
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 North 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.
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.
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.
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.
Share to Buy lists thousands of Shared Ownership homes all across the North 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!
The major providers of Shared Ownership, Help to Buy and other affordable ways to buy a home in the North West and nationwide have their homes listed on 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.
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.
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.
“A friend at work had just signed up on the Share to Buy website and said I should register too. I didn’t know much about Shared Ownership so the Share to Buy website was really helpful, giving me all the information that I needed about the scheme. It turned out that there were a few properties in my area, so I registered for all of them!”
“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.”
“If you are considering Shared Ownership, I would 100% recommend using Share to Buy to learn more about the scheme and assess your options. Shared Ownership is an excellent stepping stone into the property market – it’s worked so well for me. It’s given me a freedom and flexibility I wouldn’t have had if I bought on the open market!"
For first time buyers who believe that purchasing their own home is out of reach, Shared Ownership homes in the North West can help them to take those vital first steps on to the property ladder. Help to Buy homes in the North West 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 the North West, 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 are announced via email.
North West England is the third most populated region in the United Kingdom, consisting of Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside.
Manchester is the biggest city in the North West, with an extremely diverse and youthful character. The city centre is home to an array of bars, restaurants, shops, museums and galleries. Whilst the outskirts of Greater Manchester offers a chance to relax in country pubs or explore market towns and idyllic villages.
Located in Lancashire, Blackpool is where you can enjoy the world-famous Pleasure Beach, an amusement park complete with old-fashioned wooden roller coasters. Make sure to also visit the famous Blackpool Tower on the main promenade; at 158 metres tall it was inspired by the Eiffel Tower and was the tallest manmade structure in the British Empire at its time of opening in 1894.
One and two bedroom apartments and two bedroom houses in Beaconsfield Are you looking to maximise the potential of your first home? Look no further. Situated within the highly desirable Wilton Park development in Beaconsfield, Rosewood Housing is offering a contemporary collection of just 21 one and two bedroom apartments and two bedroom houses all…
Five ways to transform your home this spooky season Are you ready to transform your home into a haunted haven this spooky season? Decorating for Halloween doesn’t have to be a budget-busting endeavour. With a little creativity and some thrifty tricks, you can achieve a spooktacular look that won’t send shivers down your wallet. Let’s…
One, two and three bedroom homes available at Point Cross, Leeds Looking to get on the property ladder? Designed with first time buyers in mind, Shared Ownership is one way to buy a property that is helping young people across the country to purchase their own home. But what exactly is Shared Ownership? Experts from…