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Shared ownership
Read Ryan and Charlotte's story here
Shared ownership is a part buy/part rent scheme that is partly funded by the government and aims to help first-time buyers.
It is designed as a stepping stone to completely owning your own home, allowing you to buy what you want when you can afford it.
Buying through shared ownership makes you an owner occupier, not a part tenant. You start off buying a share in your new home on a 999-year lease.
We aim to sell to first time buyers who are able to afford the cost of shared ownership but are unable to buy a suitable home in any other way. We will offer properties to people who live in the immediate area, or with a local connection.
Reasons for buying through shared ownership:
Affordability: Shared ownership is a great way to get on the property ladder, as it requires a smaller initial deposit compared to buying a home outright.
Stability: Shared ownership provides a stable living arrangement. Owning a share of a property gives you more security and control over your living situation.
Investment: Owning a property, even a share, can be a good investment. Over time, property values tend to increase, which means your share of the property could be worth more in the future.
Download our shared ownership application form
Homes currently available
Available for shared ownership, built October 2021
Somerbrook, Great Somerford
Three bedroomed mid-terraced home with garden and parking, £96,250 for a 25 per cent share. (A higher share can be purchased, click below to download more information.
Available for shared ownership, built 2024
Windebanks, Box
A fantastic opportunity to purchase a brand new two-bedroom apartment, via shared ownership, in the peaceful sought-after village of Box on the outskirts of Corsham with excellent access to the beautiful city of Bath.
£132,000 is the price of a 40 per cent share, however shares between 10 per cent and 75 per cent are available.
With high energy credentials, this is the perfect home for those looking to get on the property ladder and keep their energy usage low.
More details here.
here"It was really important for me to stay close to my family and friends but with property being so expensive it wasn’t possible until my mum heard about this place."