Shared Ownership

If you can’t quite afford a mortgage on the open market, Shared Ownership offers you the chance to buy a share of your home (Connexus typically sell between 45% to 75% of the home’s value) and pay a subsidised monthly rent for the remaining share. Later on (for some properties) you can staircase to 100%.

With Shared Ownership you can buy a newly built home or an existing one through resale programmes from housing associations like us. You’ll need to take out a mortgage to pay for your share of the home’s purchase price, or fund this through your savings. Shared Ownership properties are always leasehold. 

See if you qualify for Shared Ownership

You can buy a home through Shared Ownership if you;

  • Can’t afford to buy on the open market and at least 18 years old
  • Have a household income of less than £80,000 per year
  • Preferably a first time buyer*
  • Have a good credit rating
  • Have at least £1,500 of savings to cover the one-off costs (things like solicitor fees). Remember this doesn't include any mortgage deposits, developer reservation fees or stamp duty (if applicable). Most schemes will require you to have a deposit of at least 5% of the share you are buying.

To check if you qualify and find all the details see Help to Buy website here. If you're eligible and interested let us know and we'll help you to get started or answer any further questions.

Remember that for some Shared Ownership properties you might need to show that you have a connection to the area to qualify. We'll advise you if there are any local connection requirements.

*If you currently own or have previously owned a property, you might be considered for the scheme if; you currently own a property, it will need to be "sold subject to contract" (you have formally accepted an offer on it) when you apply to us and must be sold when you complete the purchase of a new home

Shared Ownership Properties

To buy from 40% £98,000
We like to offer this 3 Bedroom semi detached property, is situated within this popular modern development, a short distance from both the Priory and Meole Brace secondary schools...
Entrance hallway
Downstairs w.c
Living room/dining room
Kitchen
3 bedrooms
Family bathroom
Driveway
Rear garden
Bathrooms
1
Bedrooms
3
Reception Rooms
1
Shared Ownership
To buy from 35% £70,000
We like to offer this 2 bedroomed semi-detached on a new development in Condover, Shropshire. Property consists of: Entrance hallway with guest cloakroom, living room and fitted...
Entrance hallway
Downstairs w.c
Kitchen
Living room/dining room
Family bathroom
2 bedrooms
Driveway
Rear garden
Bathrooms
1
Bedrooms
2
Reception Rooms
1
Shared Ownership
To buy from 75% £157,500
Location is on a modern, residential Development. Whitcomb's Orchard situated on the southerly fringe of the country town of Cleobury Mortimer, which has shopping, school amenities...
Entrance hallway
Living room
Kitchen/dining room
2 bedrooms
Family bathroom
Landscaped front garden with enclosed rear garden
Bathrooms
1
Bedrooms
2
Reception Rooms
1
Shared Ownership
To buy from 35% £70,000
This 3 bedrooomed semi -detached property is situated near the A49 Trunk road, nearest town centre is Ludlow. Property consists of Entrance hallway, Livingroom with open access to...
Entrance hallway
Living room
Kitchen/dining room
Downstairs w.c
3 bedrooms
Family bathroom
Rear garden
Bathrooms
1
Bedrooms
3
Reception Rooms
1
Shared Ownership