1Eligibility
The first step in buying a home with Shared Ownership in Surrey is to assess your eligibility. If you meet the criteria, you’re ready to start home hunting!
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Register your interest for Surrey
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Shared Ownership in Surrey
Explore affordable Shared Ownership properties in Surrey, and benefit from close proximity to London with beautiful greenery right on your doorstep.
Local Shared Ownership homes in Surrey
Surrey is synonymous with living the good life. It is located in one of the most beautiful parts of south-east England, yet has easy access to motorways, major airports, and London. Surrey is perfect for those who travel for business or pleasure, and families with an eye on a quieter life without compromising on access to local amenities and attractions.
The third-most populated of the home counties, Surrey has no shortage of things to see and do. But you’ll still be able to come home and relax in peace, thanks to our Shared Ownership developments that have everything you’d need. From interesting wildlife to metropolitan convenience, Surrey has it all.
Available
Just launched!
Brunswick at Mindenhurst
Mindenhurst, Deepcut GU16 6LG
From
£56,250
Transport
1.92 miles
Example share
25%
Bedrooms
1
Coming Soon
Coming soon
Wishmoor Place at Mindenhurst
Mindenhurst, Deepcut GU16 6LG
From
TBC
Transport
1.92 miles
Example share
50%
Bedrooms
–
Coming Soon
New 1 and 2 bed apartments coming soon
Albion Yard
Redhill, Surrey RH1 6QS
From
TBC
Transport
0.8 miles
Example share
40%
Bedrooms
–
Embrace Shared Ownership at Brunswick, Wishmoor Place, and Albion Yard
If you’re looking for Shared Ownership developments in Surrey, look no further: we have several available options that suit every kind of buyer, at affordable prices to get you onto the property ladder sooner.
All situated near the thriving village of Deepcut, these developments contain 1- and 2-bedroom apartments and 3-bedroom houses; perfect for working professionals, first-time buyers, or growing families looking for somewhere secure and desirable to lay down roots.
Across all of these Surrey Shared Ownership homes, you’ll find the latest utilities to make home life as stress-free as possible, and the surrounding neighbourhood is packed with shops, cafes, and restaurants for everything you’d ever need.
Whatever you’re looking for, provided you meet the eligibility criteria, you can look forward to a relaxing, peaceful life at any of our Surrey Shared Ownership developments.
Why Surrey?
- There is a wealth of wonders that draw people to Surrey. Alongside the rolling countryside and plentiful green spaces, the schools here are of exceptionally high quality and ranked among the best in the UK. Top of the list are Guildford High School and Royal Grammar School, both independent secondary schools, for A-level and GCSE achievements.
- Surrey’s excellent travel connections make it ideal for commuters, no matter where you need to go in the UK. The nearby M25 and M23 motorways can get you on the move, and an extensive A-road network makes travelling by car a dream.
- You can also get to London in just over an hour via train, and Heathrow and Gatwick airports are practically on your doorstep – perfect for last-minute getaways or family holidays in the summer
- If you’re looking for family days out, Thorpe Park is just a 30-minute drive from Deepcut, which is perfect for kids of all ages (or thrill-seeking adults!). You’ll also find nearby golf courses like Camberley Heath and Pine Ridge, as well as natural vistas like Lightwater Country Park just a 10-minute drive from your new home.
How does Shared Ownership in Surrey work?
The Shared Ownership scheme is simple: you buy an initial share (typically between 25% and 75%) of the property’s full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to. This is a process known as ‘staircasing’. For more information, make sure to check out our comprehensive HOME Hub.
Is Shared Ownership cheaper than renting in Surrey?
Shared Ownership homes in Surrey can be cheaper than renting privately, as the mortgage cost and low rent sometimes add up to less than the equivalent rental payments to a landlord. The specific costs of your new home will be outlined prior to purchasing your share, so you’ll be aware of what’s being charged before signing.
How do I know what percentage I can purchase?
You can purchase a share, typically from 25% to 75%, of the initial purchase price. Some properties may carry specific minimum share restrictions. You will be asked to speak to a financial advisor to assess what share you can buy that is both affordable and sustainable.
Can I decorate my Shared Ownership home in Surrey?
Absolutely! Contrary to some myths you may have heard, all of our homes – including our Surrey Shared Ownership properties – are yours to decorate. You’ll only need permission from L&G Affordable Homes to carry out larger works, to ensure they don’t impact the structure of the building.
How do I view Shared Ownership homes in Surrey?
Once a scheme is live, we welcome visitors to our showhome suites. However, we are unable to facilitate viewings on some developments, depending on the days available or the roll-out of a specific scheme.
In those circumstances, our sales team can provide you with help and information to enable you to make a buying decision. This can include providing photography, CGI renders or virtual tours, or talking you through the floor plans thoroughly.
Where we are able to invite you into one of our homes for sale we want to ensure your safety. As such, visits will be by appointment only. Virtual viewings are also available – please contact our sales team to book your tour when you’re ready to move forward.
How to buy a Shared Ownership home in Surrey: a step-by-step guide
2Find a home
Browse through our available Surrey Shared Ownership properties. Once you’ve found a home you’re interested in, you’ll need to arrange a viewing.
3Arrange a viewing
To find the ideal home that suits you, it’s best to see the property yourself. Book an appointment with us here to arrange online or in-person viewings.
4Affordability
Speak to a mortgage broker to understand your affordability and see how much of the home you can buy.
5Application
To secure the Surrey Shared Ownership property you’ve fallen in love with, complete the application paperwork and pay the reservation fee.
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 Shared Ownership 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.
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.
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 Shared Ownership home in Surrey 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 via staircasing.
Get in touch
We look forward to hearing from you. Please contact our dedicated Sales Team who will be delighted to help you find your new home.
Unsure how much deposit you’ll need? Want to know the best areas to view homes? Our HOME Hub answers your Shared Ownership questions, from staircasing to service charges, mortgage advice to moving day.