At Southern Housing New Homes, we understand how challenging it can be for you to get onto the property ladder, especially in high-demand areas like London. That's why we offer Shared Ownership, a government-backed initiative designed to make homeownership more accessible and affordable. Here’s everything you need to know about how it works and how we can help you put your feet up on the property ladder in your dream home. 

Understanding Shared Ownership 

Shared Ownership allows you to purchase a percentage of a property (usually between 25% and 75%) while paying a subsidised rent on the remaining portion. This makes buying a home more affordable, as the initial deposit and mortgage are based only on the share you purchase, not the full market value of the property. Over time, if your financial situation changes, you have the option to buy more shares in the home and reduce the rent you pay in a process known as “staircasing,” And in most cases you can go on to own 100% of the shares in the home. 

Shared Ownership offers several benefits, particularly for first-time buyers who are finding it difficult to save for a large deposit. A key advantage is the lower initial deposit, making it easier to save up. It also allows buyers to put your feet up on the property ladder in desirable locations, such as London, where full ownership might be out of reach. Additionally, staircasing offers flexibility, enabling buyers to gradually increase their share of the home when they’re ready. 

Southern Housing New Homes: A Leader in Shared Ownership 

At Southern Housing New Homes, we’re committed to providing high-quality, affordable housing through the Shared Ownership initiative. With years of experience, we offer a range of stylish, modern properties designed to meet the needs of first-time buyers and even ones with growing families. 

We offer Shared Ownership homes in some of the most sought-after areas in London and the South East, including Brighton and East London. We pride ourselves on offering a diverse range of properties that suit different lifestyles and budgets, whether you’re looking for a seaside haven at Home X, Brighton or a taste of city life in Acadia View, Hackney. We support you through every step of the buying process, from initial inquiry to completion, ensuring your experience is smooth and stress-free. So put your feet up this autumn and find your new home today.  

Southern Housing is a trusted name in the affordable housing sector. Our extensive experience, wide range of property options, and commitment to customer satisfaction set us apart from other providers. We’re continually expanding our portfolio, with exciting new developments planned in Southwark, Kent and West London, giving more people the opportunity to get on the property ladder. 

Get Started with Shared Ownership 

Ready to take the first step? Start your journey today by registering your interest on our website and take the first step towards owning your new home. You can also learn more about the Shared Ownership process in our detailed FAQ section. 

Let us help you  can put your feet up and relax in you new home.