The Government have introduced the new Right to Shared Ownership, which will give the vast majority of social tenants, living in new rented homes delivered by the Affordable Homes Programme 2021-26, the opportunity to purchase a stake in their home and then purchase further shares when they can afford to do so. For those eligible, you’ll be able to buy a share in your home (between 10% and 75%), helping you to get on the property ladder.
The Right to Shared Ownership will give social tenants access to the new Shared Ownership model. This new model is more consumer-friendly, fairer and more accessible and will better enable social tenants to buy more of their property and eventually reach full ownership.
You can find out more information by visiting the Right to Shared Ownership website.
