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   Can you buy a house if you become a shared owner?

   • You can buy more of your home after you become the owner. This is known as ‘staircasing’. The cost of your new share will depend on the value of your home when you want to buy the share, so expect prices to go up or down over time. What do you do if you want to move from a shared ownership house?

   Shared ownership: frequently asked questions - Connect Housing

   www.connecthousing.org.uk/find-a-home/shared-ownership/shared-ownership-faqs/

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   Can I buy a shared ownership home if I'm 55?

   • When you buy a shared ownership home, you must have: You must have completed the sale of your home on or before the date you complete buying your shared ownership home. If you’re aged 55 or over at the time of buying the home, you can buy up to a 75% share through the Older Persons Shared Ownership (OPSO) scheme.

   Shared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk/shared-ownership-scheme/who-can-apply

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   How do I apply for a shared ownership home?

   • There are 4 steps to apply for a shared ownership home. 1. Check if you can buy a home through shared ownership Find out who can apply to buy a home through shared ownership. 2. Find a home you want to buy If you’re eligible, you can contact an organisation selling shared ownership homes in your area. They will:

   Shared ownership homes: buying, improving and selling

   www.gov.uk/shared-ownership-scheme/apply

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   Can I buy a share of my home if I don't own?

   • As the name of the scheme suggests, by using it you'll initially own a share of your home, as opposed to owning 100% of it, with the option to purchase some or all of the remaining share in the future. For the share you don't own, you'll need to pay rent on it.

   Shared Ownership: how the scheme works – MSE - MoneySavingExpert.…

   www.moneysavingexpert.com/mortgages/shared-ownership-scheme/

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   How do I Sell my shared ownership home?

   • Selling your shared ownership home can be complicated if you've not staircased up to 100% ownership by the time you come to sell. If you only own a share of your home, selling that share will typically involve the following steps: You'll need to give formal notice to your housing association of your intention to sell.

   Shared Ownership: how the scheme works – MSE - MoneySavingExpert.…

   www.moneysavingexpert.com/mortgages/shared-ownership-scheme/

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   What is the right to shared ownership?

   • The Right to Shared Ownership is available to tenants living in new homes for Social Rent or Affordable Rent delivered through the Affordable Homes Programme 2021-26, with some limited exceptions (see page 4). Using the Right to Shared Ownership to buy an equity stake in your home is a big decision.

   The Right to Shared Ownership - GOV.UK

   assets.publishing.service.gov.uk/media/66b0a177ab418ab0555932a7/The_Right_to_Shared_Ownership_-_A_guide_for_tenants.pdf

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2. www.gov.uk › shared-ownership-schemeShared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk › shared-ownership-scheme

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   You can buy a home through the shared ownership scheme if you cannot afford all of the deposit and mortgage payments for a home that meets your needs. You buy a share of the...

3. www.gov.uk › shared-ownership-scheme › who-can-applyShared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk › shared-ownership-scheme › who-can-apply

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   Buying and owning a property. Find out about buying a home through shared ownership. Read about who can apply, costs, paying rent, buying more shares and repairing and selling your home.

4. www.gov.uk › shared-ownership-scheme › applyShared ownership homes: buying, improving and selling - GOV.UK

   www.gov.uk › shared-ownership-scheme › apply

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   There are 4 steps to apply for a shared ownership home. 1. Check if you can buy a home through shared ownership. Find out who can apply to buy a home through shared ownership....

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6. www.moneysavingexpert.com › mortgages › sharedShared ownership – how the homebuying scheme works

   www.moneysavingexpert.com › mortgages › shared

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   As the name of the scheme suggests, by using it you'll initially own a share of your home, as opposed to owning 100% of it, with the option to purchase some or all of the remaining share in the future. For the share you don't own, you'll need to pay rent on it.

7. www.connecthousing.org.uk › find-a-home › sharedShared ownership: frequently asked questions - Connect Housing

   www.connecthousing.org.uk › find-a-home › shared

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   No. Only specific properties are available for shared ownership. We advertise them on Right Move. How do you buy more shares in a shared ownership home? You can buy more of your home after you become the owner. This is known as ‘staircasing’.

8. assets.publishing.service.gov.uk › media › 66b0a177The Right to Shared Ownership - GOV.UK

   assets.publishing.service.gov.uk › media › 66b0a177

   Under the Right to Shared Ownership scheme, you can buy an equity stake in your home worth between 10% and 75% of its full market value. You will then own this equity stake on Shared...

9. www.rightmove.co.uk › ways-to-buy › shared-ownershipShared ownership | Rightmove Guides

   www.rightmove.co.uk › ways-to-buy › shared-ownership

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   Shared ownership is a scheme offered by some housing providers that allows you to buy a share of a property, and then pay rent on the remaining part. It can be a more affordable route – compared to buying a home outright – for first time buyers, or those that don’t currently own a home, to get onto the property ladder.