Shared ownership

Shared ownership gives you all the advantages of home ownership on terms you can afford.

Shared ownership is a government-backed initiative, which 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 don't 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.

If you’re a shared owner, you can increase the percentage of shares in your home, through staircasing. To help you understand this process, we’ve put together this useful guide. For more information or if you’re thinking of buying more shares, please visit our Southern Home Ownership website.

Our Southern Home Ownership Team is committed to providing high-quality design and excellent customer service. As a sign of its ongoing commitment to delivering excellent customer service, the team has signed up to the CIH Shared Ownership Charter.

Click here to visit the Southern Home Ownership website to learn more and see homes currently available for sale or contact the team directly on 0300 555 2171.