What is Shared Ownership?
It's an affordable way to get onto the property ladder
Shared Ownership can be a fantastic way to get your foot on the property ladder if you can't afford to buy a home on the open market.
You can buy between 10% and 75% of the home (dependent on the lease) with the option to buy more shares at a time that's right for you. You will pay a monthly rent on the remaining share. Your home will be yours and you will have all the rights and responsibilities of being a home owner.
Do you have any questions?
Why not visit our Shared Ownership FAQs page, call 0800 085 2499 or email sales@bromford.co.uk. Alternatively here are some pages other visitors have found useful:
Who can buy a home with Shared Ownership?
Shared Ownership is a flexible and accessible option for individuals and families looking to step onto the property ladder. It caters to a diverse range of potential buyers, including first-time buyers, key workers, those with a modest income, and individuals looking to downsize. Whether you're a young professional eager to invest in your first home or a family seeking stability and security, Shared Ownership offers an opportunity to purchase a portion of a property and gradually increase ownership over time. With its affordability and adaptability, shared ownership is an ideal pathway to homeownership for many.
You are eligible to buy a home through Shared Ownership if the following apply:
- Your household income is £80,000 a year or less (£90,000 a year or less in London)
- You cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
- You’re a first-time buyer
- You used to own a home but cannot afford to buy one now
- You’re forming a new household - for example, after a relationship breakdown
- You’re an existing shared owner, and you want to move
- You own a home and want to move but cannot afford a new home that meets your needs

Four steps to buying your Shared Ownership home
Find out how to buy a Shared Ownership home with Bromford
What do we mean when we talk about a 'local area connection?'
You’ll notice that on most of our home listings we say that a local connection to the area is needed. What does this mean?
How much could you afford to borrow with Shared Ownership?
Not sure what you can afford to buy with Shared Ownership? We'll help you work out the costs with our handy affordability calculator tool.
Buying With Bromford
Find helpful articles and frequently asked questions about buying your next home with Bromford through Shared or full ownership.