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Shared ownership

Looking for a home to love?

Shared ownership is a great way of buying your own home, without having to find a huge deposit up front.

With shared ownership you can buy a share of a home and pay a low rent on the rest. This gives you a great alternative to renting, if you can't afford to buy a home outright.

What's on offer?

We've got a great selection of homes available under shared ownership, and lots more that are coming soon.

Whether you're looking for a pad in the centre of town or a family home in the country, our team can take you through the process step by step.

Buying a home is incredibly exciting and we aim to keep it that way.

Common questions and answers

Take a look at our buyers guide, or click on the common questions below.

Am I eligible?

You are eligible to buy a shared ownership home if:

- your household income is less than £80,000
- you cannot afford to buy a home in the traditional way
- you're a first time buyer or, you previously owned a home but can't afford to buy one now
- for some development you will need to have a local connection to the area.

Will I need a mortgage?

You will need to pay for your share of your home before you move in. You might be able to pay this in full, however you may need a mortgage to cover this cost. The good news is, you don't have to put down a huge deposit to secure your shared ownership mortgage; deposits can be as little as 5% of your share.

How much will I pay?

In addition to purchasing your share of the property, you will also need to pay some one-off costs such as legal fees and stamp duty. See our [brochure] for a list of potential one-off and regular costs.

What properties are available to buy under shared ownership?

Selwood Housing has a number of shared ownership homes that are currently available or that will be available in the future. [Visit our listings page] for more information.

Help to Buy South, also provide listings of shared ownership homes across
Wiltshire, Bristol and Bath & North East Somerset. You will need to register with Help to Buy before expressing an interest in any properties.

Some developments fall within a section 106 agreement. This can mean
that applicants must have a local connection to the area. This will be clearly highlighted on our property listing where this applies.

How do I sell my home in the future?

There may come a time when you want to sell your home. If you own 100% of your home you can put it up for sale although we may have the right to buy it back. This is known as 'first refusal' and is valid for 21 years from when you fully own your home.

If you own a share in your home, we have the right to find a buyer for it.

Am I allowed pets?

You will need to contact us to request permission to keep pets in your home. If you live in or are purchasing a shared ownership house it is more likely that you will be able to have pets.

All pets must be kept in proper care and control.

Get in touch

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

Shared ownership register your interest form
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Tips and advice

Steps to buying your shared ownership home

Buying a home can be a daunting process, however we've put together a step-by-step guide to help you prepare for buying a shared ownership home!

Shared ownership staircasing guide

Monthly costs of a shared ownership home

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