What is Shared Ownership
Shared Ownership makes it possible to own your home – even if you feel priced out of the property market. It’s an affordable home ownership scheme designed as a stepping-stone to outright ownership if you can’t afford to buy a home on the open market.
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.
You’ll find all the information you need about Shared Ownership with L&Q, including eligibility information and how to apply, on the L&Q PricedIn website.
Find out more about Shared Ownership with L&Q
Some benefits of Shared Ownership
- Smaller deposit required compared to buying a home outright, only 5-10% of the value of the share you are buying.
- Access to lots of properties in great locations, both in and out of London.
- The security and stability of owning your home.
- Expert guidance from L&Q to help you through the eligibility and sales process.