There’s a myth that your only option is a Shared Ownership flat, typically located in the middle of a busy city. 

But you may be surprised to know that Shared Ownership homes come in all shapes and sizes, with new developments emerging across the UK! 

Let’s run through some of the main options when it comes to your new Shared Ownership property, so you can choose the right home for you and your family. 

Shared Ownership apartments

Why choose an apartment?

• Perfect for first-time buyers
• Typically located in bustling urban centres 
• More opportunities for socialising

A Shared Ownership apartment can be a popular choice for young couples looking to get on the property ladder. These homes are typically located in busy city centres and urban areas, making them ideal for Shared Ownership buyers who want easy access to local amenities. 

An apartment can also open up great opportunities to meet your neighbours, as you’ll often be passing them in common areas on the way to and from your new home. They’re also one of the most secure Shared Ownership homes, thanks to built-in security features like CCTV.

Shared Ownership houses

Why choose a house?

• Perfect for growing families
• Lots of green, outdoor space
• Typically located close to public transport

Shared Ownership houses often benefit from the peace and quiet of the countryside, while also being conveniently close to city centres. This best-of-both-worlds scenario makes them a popular choice for growing families, with plenty of safe, green space for kids to play. You’ll also find that most houses come in a range of sizes with one, two, or three bedrooms. This makes them ideal for any kind of budget. 

Houses are also typically located close to schools and public transportation, so even if you’re not living in the middle of a city, you’ll still easily be able to get where you need to go.

Shared Ownership bungalows

Why choose a bungalow?

• Perfect for older buyers
• Less maintenance than a house
• Quieter neighbourhoods than flats or apartments

Shared Ownership bungalows represent the perfect middle ground between a house and an apartment. They’re typically cheaper than a two- or three-bedroom family home, and yet still have the privacy and quieter surroundings than you may find in the middle of a busy city. 

Because they only have one floor, bungalows also require less upkeep than a two-story house (no need to hoover the stairs!). The lack of stairs also makes them safer for either families with young children, or older residents who have downsized due to a change in lifestyle.

Shared Ownership townhouses

Why choose a townhouse?

• Ideal for larger families
• Lots of space in a smaller footprint
• Privacy as and when you need it

Shared Ownership townhouses are typically terraced homes that have three or more floors in a smaller footprint than your standard family house. They can be located in both city and countryside surroundings, making them perfect no matter where you’d like to live. 

Because townhouses often have separate bedrooms on different floors, larger families can enjoy the privacy of their own personal spaces while benefiting from the generous communal areas that these kinds of home provide. Many townhouses also come with spacious gardens for families to relax and play.