5 reasons Shared Ownership is worth it
18 July 2025
For many individuals or families looking to get on the property ladder, Shared Ownership is a smart choice. But if you’re not familiar with how the process works, it’s natural to ask if Shared Ownership is a good idea.
We’ve helped thousands of first-time buyers, couples, families, and individuals to secure their new home with Shared Ownership all across the country. This means we’re well-placed to advise whether Shared Ownership is right for you – and the unique benefits that come with this scheme, if you choose to progress down your own buying journey.
Is Shared Ownership worth it?
Determining whether it’s worth buying a Shared Ownership home is a very personal choice. You’ll need to see whether you meet the eligibility criteria, browse available properties to see whether the right home stands out to you, and assess financial requirements like stamp duty payments to make sure you can afford the fees.
If these factors all align for you, though, then Shared Ownership might be the perfect option to get you on the property ladder sooner than a private sale.
Benefits of Shared Ownership
There are lots of reasons why people choose the Shared Ownership route, and we’d encourage you to browse our testimonials and hear from real homeowners on why Shared Ownership was right for them.
Some of the most popular benefits that entice people to Shared Ownership include:
1. Get on the property ladder sooner
One of the main reasons that first-time buyers struggle to purchase a home is the high initial cost of a deposit. If you’re buying a home valued at £250,000, and you need a 10% deposit, you’d need to front at least £25,000 before you even consider legal fees and other associated costs.
For Shared Ownership, this barrier to entry is reduced. Instead, you’ll just need a deposit for the share you intend to buy. So if you’re purchasing a 25% share of a £250,000 home, you’ll be buying a share worth £62,500 – requiring a £6,250 deposit, if you opt for a similar 10% mortgage.
2. Gain access to new build homes in popular areas
If you’re looking to live in thriving cities like London, buying a new flat in the centre of the city can often feel prohibitively expensive.
With Shared Ownership, your options become broader. We have many developments in areas like East London, Birmingham, and Nottinghamshire, including flats, apartments, and family homes that come with all the convenience and comfort of new build homes – without the unachievable price tag.
3. Pay lower monthly costs
It’s a popular Shared Ownership myth that rent and mortgage payments exceed what you’d pay just for renting – therefore, Shared Ownership isn’t worth it.
However, the reality is often very different. Your rent is calculated based on the unowned equity of your home, and your mortgage is set against the share that you’ve chosen to purchase. Based on these figures, owning a Shared Ownership home is often cheaper than renting privately, and you’ll also avoid the hefty price jumps that private renting can sometimes suffer from.
4. Improve your stability and security
You own your Shared Ownership home, which means that it’s yours to decorate and customise as much as you’d like. This also means that you don’t have to worry about unpredictable landlords who may want to renovate and sell – leaving you without a place to live.
There are rare instances where your situation may become uncertain – such as if you’re unable to pay your rent or mortgage for a prolonged period – but for the most part, you can rest assured that you’ll benefit from the stability and security of homeownership.
5. Increase your share and sell
One of the key benefits of Shared Ownership compared to renting is that you’ll actually benefit from the investment you make into your property over time. This comes in the form of selling your Shared Ownership home, which you naturally wouldn’t be able to do if you were just renting a property.
The value you’ll receive when selling your property depends on many factors, such as the size of the share that you own. You can increase this through a process known as staircasing, which allows you to incrementally increase your share (and subsequently reduce the amount of rent you’ll need to pay).
Benefit from Shared Ownership today
Is Shared Ownership worth it? We think so. And if you have any other questions about the process at all, we’d love to hear from you. Please get in touch with our friendly team to learn more, or browse our available properties and find your new dream home today.