Low-cost home ownership options

There are now a number of options to cut the cost of getting onto the housing ladder and owning your own home. In most cases, these options will involve sharing ownership of the property with your local Council, a housing association, or even other private individuals!

The links below will help you find out more.

Smartshare - Search hundreds of affordable homes available today.

Social Housing

HomeBuy schemes

HomeBuy enables social tenants, key workers and first-time buyers to buy a share of a home and get onto the housing ladder.

Social HomeBuy (shared ownership)

Social HomeBuy offers eligible housing association or council tenants the chance to buy a share of the market value of their current home as well as benefit from a discount of between £9,000 and £16,000 depending on the location.

Private sector

Co-buying

You can obviously share the cost of buying a house with a partner or friend. Many people rent with strangers, so it's not a huge leap to think about buying with someone in a similar situation. These two sites specialise in co-buying in the private sector and can provide advice and support for those thinking of taking this route.

These two sites are the specialists:

Co-buywithme.co.uk
Sharedspaces.co.uk