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Discover Shared Ownership

Shared Ownership is an affordable, flexible option of purchasing a home and a great way to get a foot on the property ladder if you’re currently unable to buy a property outright on the open market.

Discover Shared Ownership

Dreaming of owning your first home? Shared Ownership might be an option for you. We are here to help you throughout your experience with Longhurst Group, from finding out more about Shared Ownership to selling your share in the property, we'll be sharing lots of tips and benefits. Click on the links below to find out more about each part of the journey. 

What is Shared Ownership and is it right for me?

Shared Ownership is an affordable, flexible option for purchasing a home. It’s a great way to get on the property ladder if you can’t currently buy a property outright on the open market. 

Shared Ownership is a government-backed scheme in which you buy a share of your home and pay rent on the remaining share. Depending on your affordability, you can typically buy up to 75%. This means you’ll need a smaller mortgage and deposit to get started. 

The new model Shared Ownership lease

Homes built through the 2021-2026 Homes England funding programme are subject to the new model Shared Ownership lease. If this applies to a property you’re interested in, you’ll have different options for staircasing and will enter into a lease of at least 990 years. 

The new model lease also includes changes to who is responsible for ongoing repairs and maintenance, with leaseholders eligible to claim up to £500 each year for the first ten years to put towards general repairs that affect your heating and domestic services such as electric and plumbing.

You can find out more about the new model shared ownership lease here. 

Here you can find our complete guide on Shared Ownership - An affordable, flexible way onto the property ladder.

How do I get a Shared Ownership home?

Find a Home

Click here to take a look through all of our homes that are now available to reserve and are coming soon to your area.

My Shared Ownership home

The next part of your journey

Staircasing allows you to buy more shares in your home at a time that’s affordable to you.

Selling your Shared Ownership home

If you decide to sell your share in your Shared Ownership home, we'll be able to help you through this process. You'll need to complete the Notice of Sale, obtain a RICS valuation report, instruct an estate agent of your choice and appoint a solicitor to act on your behalf for the legal process.

There are certain fees payable when you sell your share. For more information, please contact the Assets Sales Team on:

Frequently Asked Questions and how to get in touch

If you have any further questions for the New Homes Team about Shared Ownership or any of our developments, please contact us.

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