Affordable home ownership

We work in partnership with registered providers (housing associations) to build new homes in the borough for affordable home ownership.

Types of affordable home ownership

Shared ownership - new build

You can buy a share of a new home (between 25% and 75%) and pay rent on the remainder. You can buy more shares over time. For more information, visit Shared ownership homes: buying, improving and selling.

Shared ownership - resales

These are existing shared ownership properties being sold by their owners. You can buy the share they are selling and pay rent on the remainder. For more information, visit Own your Home.

Equity Loan - Help to Buy

This is available on new build properties up to the value of £600,000. You buy 100% of the property, but only pay for 60% if you live in London or 80% if you live elsewhere in the UK. The rest is covered by an equity loan from the government. There is no interest to pay on the loan until year 6.

To qualify for any of these schemes you need to ensure:

Priority groups for affordable home ownership:

For more information, visit Help to Buy: Equity Loan.

Useful websites

For more information on affordable home ownership, email

Council news directly to you

The latest news in your inbox every week. Council news, community updates, local events and more.

Sign up Sign up