What is Shared Ownership?

Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.

The minimum share you can purchase is 40% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don’t own. As your income rises, you can increase the share you own until you eventually own 100%.


Shared Ownership Eligibility criteria

Shared Ownership is for anyone who doesn’t currently own a home. If you want to get on the property ladder, but can’t afford to buy outright on the open market, then Shared Ownership could be for you.

It doesn’t matter what your job is, but your income must be less than £90,000 within London and £80,000 outside of London. You’re no longer required to live or work in the area where you intend to buy, however there may be some exceptions to these rules where historic agreements have been made with local authorities about certain developments.

Interested in Saxon Reach?

If you’ve already applied for L&Q Shared Ownership and been approved as eligible, you can register your interest by completing the REGISTER INTEREST form at the top of the page.

To buy a shared ownership home within this development, you’ll need to be approved for shared ownership with both L&Q and your local Help to Buy agent.
  1. Apply with L&Q
  2. Apply with Help to Buy South

Although you can register your interest before you’ve applied for shared ownership, you won’t be able to view or reserve a home until you’ve been approved as eligible.

Please note that the Help to Buy agent for Buckinghamshire changed on the 2nd January 2020 which means that if you had registered before this date you will need to re-register with the new agent for the area – Help to Buy South. Unfortunately we will be unable to accept reference numbers that relate to the previous Help to Buy agent.

Apply now and confirm your eligibility