We are currently experiencing technical difficulties with our telephone system. Apologies for any inconvenience caused. Please email email@example.com and we will give you a call back. We are working on the issue and hope it will be resolved soon.
Shared ownership is a part buy, part rent scheme that is designed for those who can’t afford to buy a property outright. It allows you to buy between a 25% to 75% share of a property so you pay a mortgage for the share you own and a reduced rent to the housing association who own the remaining share. The government introduced a new Shared Ownership model back in September 2021 allowing buyers to purchase as low as a 10% share on a new build shared ownership property. All shared ownership homes are sold as leasehold properties as the freehold will be owned by the housing association.
To be eligible for shared ownership you must be at least 18 years old and have an annual household income under £80,000 when buying outside of London, and under £90,000 when buying in London. You cannot own a second home, whether this is in the UK or abroad, alongside a shared ownership property. You also must not have any bad credit issues such as missed payments, defaults or CCJ’s.
The process can seen complex. Check out our step by step guide on how we can help you buy your shared ownership home.
Shared Ownership Manager
My name is Amie and I’m the Shared Ownership Manager at Sewell & Gardner. I have been working for Sewell & Gardner since 2019 and in 2020 we began selling shared ownership where I found a keen interest in the scheme. I have really enjoyed working closely with different housing associations, learning the shared ownership process and helping buyers get themselves on the property ladder. Shared ownership is such a popular scheme and works differently to a normal sale/purchase so I pride myself on offering our buyers and sellers a bespoke service that I believe is different to other agents locally.
Having worked for Sewell & Gardner for 5 years I have been fortunate enough to work with a friendly and supportive team here who have taught me a range of skills. Having previously worked in our busy sales & new homes teams, I am now delighted to be managing our shared ownership offering. Shared ownership is such a popular scheme and works differently to a normal sale/purchase so I pride myself on offering our buyers and sellers a bespoke service that I believe is different to other agents locally. Having grown up in Croxley Green and later moved to Watford, I am very familiar with the local area which I find is a useful tool to have when discussing our properties with potential buyers.
If you currently own a shared ownership property and are considering a move, here are some helpful ‘next steps’ on how to get on the market.
"*" indicates required fields