Shared Ownership is a way to buy your home if you otherwise couldn’t afford to on the open market. You buy a share percentage of the home, which is usually 25-75%, pay a subsidised rent on the remaining share and pay a service charge. It’s an ideal scheme for first-time buyers looking for a more affordable housing option to get on the property ladder. Click ‘read more’ to find out more about Shared Ownership.

When applying for a Guinness Homes property, we follow Homes England Guidelines on a first come, first served basis for Shared Ownership homes. Just so you know, ‘first come’ means the first person to successfully pass the initial affordability assessment, not necessarily the first one to show interest.

Apply Now

You’ll need the following documents saved on your computer or phone. Save the documents as images, a PDF, or any other file type.

• • Proof of ID (such as a copy of passport or driving licence)
  • Proof of address (such as a utility bill, council tax bill, bank statement or notice of tax coding)
  • Your choice of a mortgage broker (see our page for a list)

To qualify for Shared Ownership, individuals must be over 18 years old and residents in the UK. There is a household income threshold. You must have a household income threshold of less than £80,000, but this increases to £90,000 if you buy a home in London.

Yes, you can buy more shares at a later date after you purchase your home. This is known as ‘staircasing’ and the amount your increase will depend on how much you can afford. Buying more shares will reduce future rent payments. Eventually you could own 100% of your home.

Yes, if a financial advisor or mortgage broker confirms that you are only able to afford less than the advertised share and it is between 25-75%, we will be able to approve your Shared Ownership application (on the condition you meet other eligibility requirements). Your mortgage advisor will tell you the exact amount of deposit you need. You can contact one of our panel of mortgage brokers to get a Mortgage in Principle.