Shared Ownership
With Shared Ownership, you buy a share of your chosen home and pay a low monthly rent on the part you don’t buy.
What is Shared Ownership?
With Shared Ownership, you buy a share of your chosen home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, making homeownership more accessible.
Shared Ownership is a practical mix of renting and buying; all designed to get you moving faster. Whether you are a first-time buyer or an existing homeowner, Shared Ownership makes the home buying process affordable and accessible for everyone.
How does it work?
Depending on which Shared Ownership scheme you use, you can purchase your share in either cash savings or by taking out a mortgage. For the remaining share, you will pay rent to a landlord, who will grant you a long-term lease. This means you will be able to live in the home as if you’ve bought it outright, enjoying all the amazing benefits of homeownership.
Availability
Shared Ownership is currently available on the following developments:
Bracken Park, Louth
Squirrel Fold, Thornton
Please note: Shared Ownership properties may not always be available at the time of your enquiry. For the most up-to-date information, please speak with your Sales Executive.
Want to find out more?
To find out more about Shared Ownership, please speak to a Gleeson Sales Executive.