New Model Customers

Semi Detached House

If you’re a new model Shared Ownership customer you’re entitled to buy a 1% share in your property each year for 15 years. This starts from the moment you move into your new home.

The cost of the 1% share is based on the price you paid for your home, increased or decreased in line with the UK House Price Index (HPI), a national statistic that shows changes in the value of residential homes. We’ll provide you with an up-to-date HPI valuation each year or if you ask to buy a 1% share.

To find out if you’re a new model shared ownership customer, please check your lease. For more information or to discuss buying a 1% share, please get in touch with our Property Sales team.