Shared ownership enables you to part-buy and part-rent your own home. It's an ideal option for people who cannot afford to buy a property outright on the open market, because you buy a share in a property and pay a subsidised rent on the remainder. You have the same rights and responsibilities as any other homeowner.
A GreenSquare resident talks about the benefits of shared ownership at her new Barons Park, Trowbridge, home.
You can gradually buy more shares if you want to, until you own the whole property. To be able to buy a house under this scheme, you must be in housing need and unable to afford to buy a home on the open market.
You can apply by logging on to www.helptobuysouth.co.uk and completing their online application form. Alternatively you can call Help To Buy South on 0845 604 11 22 or email firstname.lastname@example.org. Once registered, you then let us know.
You can read more here.
From time to time, shared ownership (New build HomeBuy) properties become available for resale.