Skip to main content.

Finding your perfect home

Shared Ownership helps people get on the property ladder and is a more affordable way to purchase your own property, without the high deposit of purchasing outright.

Chair

Let us help you get on the property ladder today

We know the importance of having somewhere safe to call home. Start by browsing the available Shared Ownership homes, all over the country, offered by Legal & General Affordable Homes.

Meet Arati and Prashan, first time buyers

Arati always knew she wanted to live at the Acer Apartments. In fact, she watched the construction of the building on her commute to work everyday and always dreamed of living there. 

With an amazing choice of hospitals nearby, Acer apartments provided a peaceful calm to her busy life.

Hear Arati and Prashan’s story

How to buy a Shared Ownership home: A step-by-step guide

Chat
1Eligibility

The first step in buying a home with Shared Ownership is to assess your eligibility.

House
2Find a home

Search for available properties on our website here. Once you’ve found a property you’re interested in, you’ll need to arrange a viewing.

3Arrange a viewing

On some of our developments, you can book an appointment to see our homes online or in person.

4Affordability

Speak to a qualified independent financial adviser to see how much of the home you can buy. 

People
5Application

To secure the property you’ve fallen in love with, complete the application paperwork and pay the reservation fee.

Chat
6Legal paperwork

With the reservation complete, you’ll need to instruct a solicitor and begin your legal paperwork to purchase the property. We make the process as smooth and seamless as possible, including breaking down technical terms with our jargon buster.

7Secure mortgage

Alongside the legal paperwork, you need to find a mortgage that suits you and complete your mortgage application. You can either do this yourself or use a mortgage broker. Your lender will carry out affordability checks to ensure that you can afford the mortgage repayments. See our affordability calculator to understand what you can afford. 

Chat
8Sign contract

With the mortgage in place, get ready to sign on the dotted line and pay your deposit. This is an exciting part of the process where you’re really close to your dream of homeownership.

Chat
9Exchange

It’s time to exchange contracts, which are legally binding agreements between you and us for the purchase of your property. You will also find out more about your completion and move in date during this stage of the process.

10Move in

Congratulations! You can now move into your new home and make it your own. 

You’ll still need to pay rent on the remaining share of the property you don’t own. The rent is usually set at 2.75% of the share that you don’t own. You can also choose to increase your ownership share over time, a process known as staircasing.

Get started

Don’t just take our word for it…

Latest news and events

Model of a house on top of a calculator, with a hand holding a coin above it.

Try our Shared Ownership affordability calculator

Find out how achievable home ownership can be and understand your affordability for Shared Ownership by using our simple calculator.

Start here

Connect with our social feed

Exterior photo of dog walker and people sitting under a tree in Barrier park

Get in touch

If you want to find out more about Shared Ownership please get in touch with one our friendly Sales Consultants today.

Contact us today