SHARED OWNERSHIP

Getting onto the property
ladder could be closer than
you think.

Shared Ownership could make buying your own home more affordable
by allowing you to purchase a share of a property while paying rent on
the remainder. We’ll explain how it works, compare mortgages from
specialist lenders and guide you through every step of the journey.

✔ Access to High Street & Specialist Lenders
✔ Guidance on Affordability
✔ Support from Enquiry to Completion

Book Your Free Consultation

Shared Ownership Essentials

🏡 Buying a Share

Purchase between 10% and 75% of a property (or more where available) and pay rent on the remaining share owned by the housing association.

💷 Deposit Requirements

You’ll usually only need a deposit based on the share you’re purchasing, making Shared Ownership more accessible for many buyers.

📈 Staircasing

Many Shared Ownership schemes allow you to buy additional shares in your home over time, increasing your ownership and reducing the rent you pay.

📄 Lease Considerations

We’ll explain the lease, rent, service charges and any restrictions so you fully understand your commitments before you buy.

Why Choose Liberty Money?

Buying through Shared Ownership can feel more complicated than a standard purchase, but we’ll make the process straightforward.

We’ll compare mortgages from lenders who understand Shared Ownership, explain the affordability calculations and work closely with your solicitor and housing association to help keep everything on track.

Independent mortgage advice

Clear comparison of your options

Support from review to completion

Advice tailored to your plans

Costs to Consider with Shared Ownership

Shared Ownership has a few additional costs compared with buying a property outright. We’ll explain everything clearly from the outset so you can budget with confidence.

Deposit

Your deposit is based on the share you’re buying rather than the property’s full value, helping to reduce the amount you’ll need to save.

Mortgage Product Fees

Some mortgages include arrangement fees while others don’t. We’ll compare the overall cost, not just the interest rate.

Valuation Fees

Many lenders offer free valuations, although some products may charge depending on the lender.

Legal Fees

Your solicitor will deal with both the mortgage and the Shared Ownership lease. We’ll explain any additional legal work that may be required.

Housing Association Costs

In addition to your mortgage, you’ll normally pay rent on the remaining share and may also contribute towards service charges and ground rent where applicable.

Adviser Fees

We’ll explain our fees clearly before you proceed, so you’ll always know exactly what to expect.

Frequently Asked Questions

Shared Ownership allows you to buy a share of a property while paying rent on the remaining share owned by a housing association.

Eligibility depends on your income, circumstances and the scheme you’re applying for. We’ll explain the criteria and help you understand whether Shared Ownership is right for you.

Your deposit is usually based on the share you’re purchasing rather than the property’s full market value, meaning many buyers need a smaller deposit.

Staircasing allows you to buy additional shares in your home over time. As your ownership increases, the rent you pay on the remaining share usually reduces.

Yes. You’ll repay your mortgage on the share you own and pay rent to the housing association on the remaining share.

Yes. Many lenders offer remortgages for Shared Ownership properties. We’ll explain the options available based on your circumstances.

Yes. There is usually a process set out in your lease which may involve offering the property back to the housing association before it is marketed more widely.

Yes. While many mainstream lenders offer Shared Ownership mortgages, criteria vary significantly. We’ll compare the available options for you.

Many Shared Ownership schemes allow you to staircase to full ownership, although this depends on the scheme and property.

Shared Ownership lending can be more specialist than a standard purchase. We’ll recommend lenders suited to your circumstances and guide you through every stage of the process.

Ready to Take Your First Step into Shared Ownership?

Whether you’re just exploring your options or have already found a property, we’ll help you understand how Shared Ownership works and find the mortgage that’s right for you.