Are you looking to buy a new home, but only have a low deposit saved or struggling with affordability for a mortgage? 

How does the scheme work?

The government backed shared ownership scheme allows you to buy a 25%, 50% or 75% share in a selected Gentoo home with the option to purchase further shares in the property as your finances and personal circumstances allow, whilst paying a rental charge on the share you don’t own.

Key Facts

  • Increases your opportunity to get onto the property ladder

  • Buying a Gentoo shared ownership property makes you an owner

  • You have the option to purchase a 25%, 50% or 75% share to start with

  • Options to buy further shares in your home with minimum 10% increments

  • Rent is payable on the share you do not own

  • Affordability criteria applies

Eligibility Criteria

  • First time buyer or not a current home owner
  • Household income under £80,000

Ask your New Homes Advisor for more information on how to apply