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Shared ownership is a government-backed initiative that could be your stepping stone onto the property ladder.
You initially purchase a share of a home through a mortgage and savings, or a deposit. You buy as much as you can afford, usually at least 25% and up to a maximum of 75%, and you pay a subsidised rent to us on the share that you do not own.
Even if you only purchase a share in the property, you live in your home as if you owned it outright. And the great thing about shared ownership is that you can buy a larger share of the property whenever you can afford it. The more you own the less rent you pay.
The Southern Home Ownership Team is committed to providing high qualty design and excellent customer service for homes for sale on a shared ownership basis. Visit their website for more information and see homes currently available for sale.