Shared Ownership

Shared Ownership is a scheme designed to help people who wish to buy a home of their own, but who can’t afford the cost of buying the whole property outright.

Shared Ownership is a great solution if:

  • you’re a first-time buyer
  • you used to own a home, but cannot afford to buy one now
  • you own a home and want to move but cannot afford a new home suitable for your needs
  • you’re forming a new household – for example, after a relationship breakdown
  • you’re an existing shared owner and want to move

You could buy a home through Shared Ownership in England if your household earns £80,000 a year or less.

Under Shared Ownership, buyers purchase a proportion of their home and pay rent to Golding Homes for the remaining share. Service charges will also be payable on the property.

In the future, should you be able to afford to, you can purchase further shares in the property. This is called ‘staircasing’ and, in most cases, you can purchase 100% of the property. At this point you will no longer pay rent.

There are two different models of Shared Ownership homes currently available. The differences are outlined in our Shared Ownership leaflet.

For consideration for a Shared Ownership property, you must register with Help to Buy.

Under Shared Ownership, buyers purchase a proportion of their home and pay rent to Golding Homes for the remaining share. Service charges will also be payable on the property. In the future, if you wish to, you can buy further shares in the property. In most cases, you can buy 100% of the property. At that point, you will no longer pay any rent.

To apply please contact the Sales Agent for the development you are interested in. The Sales Agents contact details are listed under each development on our Developments page.

Please note that you must register with the Help to Buy agent to apply for a shared ownership home. To register and for further information please visit their website.

Our Administration Fees outline the process and charges for the shared ownership services that we offer.

For more information about stair-casing please read our comprehensive Guide to Stair-Casing  or our Frequently Asked Questions sheet.

We have produced a Frequently Asked Questions sheet on all you need to know about resales.