You could be within reach of owning your own home, even if you don’t have a large deposit ready

Because you start by buying a share of a property, you only need a mortgage that matches the value of the share that you’re buying. So if for example you buy a 25% share in your home, and your mortgage deposit is 10%, you’ll only need to save 2.5% of the full value of your home.

What’s more, many first-time buyers will also qualify for stamp duty relief* – reducing your purchase costs and helping you reach your savings goal even quicker.

Why buy from L&Q?

We’re passionate about providing homes for people on a range of incomes. Our multi-award winning homes range from collections of individual family homes to significant regeneration schemes of several hundred apartments.

How does shared ownership work?

Under the shared ownership scheme, you buy a share of your home – typically between 25% and 75% – and pay rent on the rest. When you’re ready, you can then buy the rest of your home in stages – a process known as staircasing.

Find a shared ownership home near you

With our extensive range of properties both in and outside of London, you’re sure to find a home in an area that’s right for you.

Are you eligible?

Shared ownership is generally open to first-time buyers who can’t afford to buy on the open market, but there are a few other eligibility requirements you’ll need to meet.