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The Shared Ownership Scheme through Platform Home Ownership allows you to purchase a share of a brand new build home without needing a large deposit as you would if you purchased a property outright.
Shared Ownership offers the opportunity to purchase between 25% and 75% of a property. You simply buy the share amount that suits your affordability and circumstances and then pay rent on the remaining share that you don't yet own. As Platform are a housing association, the subsidised rent will be considerably lower than privately renting in the same area.
Typically you only need a deposit of as little as 5% of the value of the share you wish to buy, meaning you could get on the property ladder much quicker than you thought.
Platform Home Ownership has helped thousands of people realise their dream of owning their own home. It's why we do, what we do. So when we get the chance to catch up with our buyers on how Shared Ownership changed their lives, we love to share it.
Through our shared ownership scheme, we’ve helped thousands of people step onto the property ladder, and we'd love to help you too!
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property through our 'staircasing' process.
We will offer shares for sale normally between 25-75% of the property depending on how much you can afford. The bigger the share you buy, the less rent you have to pay. You will need to be able to raise a mortgage for the share you want to purchase unless you have sufficient money to enable you to purchase without.
We have many new homes across the Midlands and Lincolnshire for you to choose from. From small starter houses to spacious family homes, all our developments are built to high quality standards and include many extra features to help you feel at home.