Looking for a more affordable way to buy a home in Oldham? Plumlife offers a growing choice of Shared Ownership homes across Oldham, including properties available now and new developments coming soon. Whether you are a first-time buyer, moving from rented accommodation, or looking for a home that better suits your needs, our friendly team will help you understand your options and guide you through the buying process.
Haven Lane, Moorside, OL4 2BF
Shared Ownership homes available now! •Register your interest •4 bedroom homes
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Foxdenton, Oldham, OL9 9GR
Register your interest •Homes expected to be released in Summer 2026! • Available for Shared Ownership
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Beal Lane, Oldham, OL2 8HB
Available now, contact the team to book an appointment! •Stunning 2 & 3 bedroom homes •Available for Shared Ownership
Find out MoreShared Ownership can be a more achievable route onto the property ladder. This is because it allows eligible buyers to purchase a share of a new home and pay rent on the remaining share, meaning your mortgage and deposit are based on the percentage you buy rather than the full property value.
Explore our new housing developments in Oldham below to compare locations, property types, and current availability. You can also search all Plumlife homes, check whether you may be eligible, and register your interest in developments available now or coming soon.
Oldham combines easy access to Manchester with established communities and countryside close by. This makes it a practical choice for people who want to stay connected to the city while enjoying more space and a wide choice of neighbourhoods, schools, parks, and local amenities.
The Metrolink serves Oldham and connects the borough with Manchester and other parts of Greater Manchester. Road links include access to the M60 and routes towards Manchester, Rochdale, Ashton-under-Lyne, and the wider North West.
For time outdoors, residents and families can enjoy places such as Alexandra Park, with walking routes, gardens, sports facilities, and a children’s play area. The Pennines, Saddleworth, and surrounding countryside also provide plenty of opportunities for walking and exploring.
With new build developments and affordable homes available, Shared Ownership in Oldham can suit eligible buyers who want a modern home without funding the full purchase price at the outset.
In short: Shared Ownership lets eligible buyers purchase a percentage of a property while paying rent on the remainder.
Shared Ownership is a government-backed homeownership scheme for people who cannot afford all of the deposit and mortgage payments needed to buy a suitable home outright.
You buy an initial percentage of the property, usually between 10% and 75%, depending on the home and lease. From here, you take out a mortgage for the share you buy and pay rent to the housing provider on the remainder. You may also pay a service charge and your normal household bills, so consider the full monthly cost rather than the mortgage alone.
The deposit is normally calculated against the share you purchase, not the full market value. The amount required will depend on the home, your lender, and your circumstances.
Shared Ownership is mainly aimed at first-time buyers and people who do not currently own a home, although some previous or existing homeowners may qualify. General eligibility rules include a household income of £80,000 a year or less outside London and being unable to afford the full deposit and mortgage payments for a suitable home. Some developments may also have local connection requirements.
You can read the full government Shared Ownership eligibility guidance before applying.
After buying, you may be able to purchase further shares through staircasing. Buying more shares normally reduces the rent you pay and, depending on the property and lease, you may eventually be able to own the home outright.
Read Plumlife’s Shared Ownership guide for more information about eligibility, costs, leases, staircasing, and your responsibilities.
Plumlife has been making homeownership easier for more than 20 years. Our experienced teams help first-time buyers and other eligible customers find affordable homes across the North West, Yorkshire and beyond.
We understand that buying a home can feel complicated, particularly when you are learning about Shared Ownership for the first time. Our team will explain each stage clearly, help you understand what information is needed and stay in touch as your purchase progresses.
Plumlife is a profit-for-purpose organisation and part of Great Places Housing Group. Our work is focused on helping people access quality homes and supporting them through the buying process.
From your first property search and affordability assessment through to reservation, legal completion, and moving day, you will have a friendly team available to answer questions and point you towards specialist support.
Once you have found a Shared Ownership property in Oldham that suits your needs, the buying process will usually follow these steps.
Complete the eligibility checker and affordability assessment. You may need proof of identity, income, savings, and regular financial commitments. A mortgage adviser can also help you secure a mortgage in principle.
When you have passed the checks and a suitable home is available, the Plumlife team will explain the share options and estimated monthly costs. You can then reserve the property, subject to the development’s process and any reservation fee.
Submit a full mortgage application for the share you are buying. Your lender will carry out checks and a valuation before making a formal offer. Rates, fees, and lending criteria vary, so take independent financial advice.
Plumlife’s Shared Ownership buying process guide contains further mortgage and affordability guidance.
Choose a solicitor with Shared Ownership and new build experience. They will review the lease, searches, property information and contract, and explain responsibilities including rent, service charges, and repairs.
Once your mortgage offer and legal work are complete, contracts can be exchanged. On completion day, the funds are transferred, you become the leaseholder and can collect your keys.
Timescales vary depending on the home, lender, solicitor, and whether the property is finished and ready to move into.
For more information about our new housing developments in Oldham, take a look at our frequently asked questions. If you are still unsure, please contact a member of our team.
We are able to offer a range of shared ownership options at our new properties in Oldham that could be the key to getting your foot on the property ladder. This government-backed scheme allows first-time buyers to buy a share in a home that they can afford (normally between 25% – 75%) instead of purchasing in full. There is the opportunity to then buy the home outright further down the line, if you’re in the position to do so..
We also offer a Rent to Buy scheme which allows you to essentially try a property before you buy it in full, with reduced rent during this period, so you can save for a deposit.
If you’re interested in new housing developments in Oldham, make sure to get in touch with our friendly team who will add you to our mailing list. You’ll then receive updates about new properties available in the area.
Our new homes in Oldham come with a wide range of modern amenities, including integrated kitchen appliances, contemporary designs and excellent access to transport links.
New-build homes are much more energy efficient than older houses due to the materials used in the building process. It is estimated that a new-build home could save you an average of £3,100 per year on energy bills.*
*HBF, 2024
To be eligible, you will usually need a household income of £80,000 a year or less, be unable to afford all the deposit and mortgage payments for a suitable home, and meet the wider scheme criteria. Some developments may also have a local connection or priority requirement.
Your deposit is normally based on the value of the share you buy rather than the full market value. The percentage depends on the lender, the property, and your circumstances. You should also ensure that you budget for legal fees, mortgage fees, moving costs, and any reservation fee, to make sure you can truly afford the costs.
In many cases, yes. This is called staircasing. You can increase the percentage you own, which usually reduces the rent on the remaining share. The minimum amount and whether you can reach 100% depend on your lease, and not all properties are eligible to reach 100% ownership.
Plumlife lists homes available now alongside future releases. Availability changes regularly, so check the latest development pages or contact the team to register your interest.
Shared Ownership can reduce the mortgage and deposit needed at the start because you buy a share rather than the full property. However, you will normally pay mortgage repayments, rent, and potentially a service charge.
You should compare the total upfront and monthly costs before deciding which option is right for you.
Yes. You will normally need to tell your housing provider, arrange an approved valuation, and allow a nomination period for an eligible Shared Ownership buyer to be found. The exact process will be set out in your lease.
Many Plumlife developments include homes available through Shared Ownership and are designed with first-time buyers in mind. The scheme may make a new build home more accessible because the mortgage and deposit are based on the share purchased.
Eligibility and affordability checks apply.
