Shared ownership and Help to Buy
Shared ownership and Help to Buy schemes aim to help residents to buy property.
What is shared ownership?
Shared ownership allows buyers to part buy and part rent a property. Buyers can purchase between 25% and 75% of the property and are able to gradually increase the percentage share that they own.
The rent and service charges are set by the housing association that owns the property. Housing associations often give priority to people with a live/work connection to the area.
Find out more about local shared ownership schemes on the Help to Buy South and South East website.
What is Help to Buy?
Help to Buy is a series of government schemes that aim to help first-time buyers. The schemes include:
- Equity Loans
- Intermediate Rent
- Rent to Buy
- Older People’s Shared Ownership
- Home Ownership for people with Long-Term Disabilities
Find out more about local Help to Buy schemes on the Help to Buy South and South East website.