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Monthly costs of shared ownership

Just like any home, a shared ownership home will come with its own set of monthly bills, which will need to be considered ahead of securing your property.

Mortgage repayments

As you own part of your shared ownership home, you will need to make repayments on your mortgage until this has been repaid. This amount can vary depending on the amount you have borrowed and how long your mortgage term is.

Access this handy mortgage calculator to give you an idea on costings.


We will calculate how much rent and service charge you will need to pay, and the exact figure will be shared with you following your application. This tends to be around 2.75%.

For example:

Property value: £200,000
Your share: 40% (£80,000)
Our share: 60% (120,000)
Yearly rent (charged at 2.75%): £120,000 x 2.75% = £3,300 per year
Monthly rent: £3,300 divided by 12 = £275 per month

Service charge

Service charges are charged separately from your rent and is an additional payment towards the cost of providing and maintaining any communal areas and services outside your home.

The cost of your service charge will be confirmed with you following your application.

Home insurance

Buildings insurance is included within your service charge payment. This covers the financial cost of repairing damage to the physical structure of your property.

Contents insurance, which covers items such as your carpet, furniture and personal belongings is your responsibility and something we would encourage you to get.

Take a look at contents insurance quotes.

Other costs

Other monthly costs to bear in mind include:

  • Council tax
  • Energy bills
  • Water bill
  • TV, broadband and phone bills
  • TV licence
  • Food and home essentials
  • Luxuries

The buying process, step-by-step

Before you can view or reserve a shared ownership home with us, you'll first need to make sure that you are eligible for the scheme.

Get familiar with the buying process

Shared Ownership Buyers Guide

Common questions and answers, take a look at our buyers guide or read our FAQs section

Get in touch

Tell us what you're looking for and we'll get straight back to you.

Keep updated

Join our mailing list to hear all the latest news and updates on shared ownership!

About Shared Ownership

Shared ownership is a great way of buying your own home.

About Shared Ownership

Available homes

Current shared ownership properties, as well as those that are coming soon.

Available homes

Shared ownership staircasing guide

You can purchase further shares in your home from us at any time up to the full value.

Shared ownership staircasing guide

Steps to buying a shared ownership home

The buying process can seem a bit daunting, but it doesn't need to be.

Steps to buying a shared ownership home

Latest available developments

Isn't it exciting - you're looking to buy your first home or getting back on the property ladder!

home image Available now

Blackberry Road, Frome, Somerset

An excellent two double bedroom shared ownership resale home is now available on this sought after development on the outskirts of Frome.

home image Coming soon

Stoke Meadow, Calne, Wiltshire

We will soon have two 3 bedroom and one 2 bedroom available for shared ownership in Calne.

home image Coming soon

The Hamptons, Bishopdown, Wiltshire

A single three bedroom detached home for shared ownership on the Northern fringes of Salisbury.

2 days ago

☀️ The sun was shining for the first of 3 sale completions today at Melksham. Wishing you all the best in your new shared ownership home 🏠 🔑 ... See MoreSee Less
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6 days ago

Today is the International Day of Happiness! 🌻It's a great time to reflect on how we're feeling and focus on what makes us happy! Check out these monthly calendars from Action for Happiness for daily tips and advice on how to be mindful, be grateful and be kind 💪🤸‍♀️ actionforhappiness.org/calendar ... See MoreSee Less
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3 weeks ago

Two-bedroom shared ownership homes available to reserve now at Tascroft Rise, Warminster. Built by Redrow Homes, the development is within close reach to local schools, commuter routes and green space.🌳These beautiful homes come with floor coverings through out, allocated parking spaces and an enclosed rear garden, ready for you to move straight into. Interested? Apply here ➡️➡️ ecs.page.link/Qd9ZY ... See MoreSee Less
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