Blogs

16/05/2025

Article by: Plumlife

What Is the Shared Ownership Eligibility Criteria?

Shared Ownership is a government-backed scheme designed primarily to help first-time buyers to enter the property market. Buyers are only required to cover the cost of a deposit for a share of the home they are buying, with the option to gradually increase their shares and eventually own their property outright. So, what are the […]

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16/05/2025

Article by: Plumlife

Is Shared Ownership Just For First-Time Buyers?

Shared Ownership is perfect for those looking to move onto and up the property ladder, but don’t have the funds to buy a home outright. This government-backed scheme allows you to buy a share in your dream home, paying rent on the remaining amount. It’s seen as a much more flexible method of home ownership, […]

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13/03/2025

Article by: Plumlife

What Do I Need for a Shared Ownership Deposit?

The Shared Ownership scheme is primarily designed to help first-time buyers to enter the property market. By only acquiring an initial share in a home, buying a Shared Ownership property can be a much more affordable option than purchasing a home outright. But what do you need for a Shared Ownership deposit? The size of […]

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18/02/2025

Article by: Plumlife

Can You Own 100% of a Shared Ownership Property?

If you are looking to purchase your first home, you may initially be put off by the cost of a mortgage to buy a home outright. It can take years to save enough money for a deposit, and full mortgage repayments can be substantial. The Shared Ownership scheme offers an alternative to these options, allowing […]

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18/02/2025

Article by: Plumlife

Who Is Shared Ownership For?

There are a number of schemes available to make buying a home much easier, including Shared Ownership. It’s nice to have so many options, but it can be difficult to know which one is right for you and your lifestyle. Your choice may also depend on your budget and future plans, so it’s important to […]

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18/02/2025

Article by: Plumlife

First-Time Buyer Tips for Getting onto the Property Ladder

Purchasing your first home can be a very daunting task. There are plenty of potential pitfalls and, as it is your first time, there are a number of intricacies involved in securing your dream property. With the price of houses in England found to be an average of £309,000 in September 2024 by the Office […]

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18/02/2025

Article by: Plumlife

What Are The Benefits Of Shared Ownership?

Buying a home for the first time can be an intimidating process, with a number of schemes available to help you out. Choosing the right scheme for you and your lifestyle depends on certain requirements and their suitability to your monthly budget. Understanding the pros and cons of each scheme can help with the decision. […]

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06/01/2025

Article by: Plumlife

Is Shared Ownership Cheaper Than Buying A Home Outright?

There are a number of schemes available to help buyers to purchase a home, whether you’re moving or stepping onto the property ladder for the first time. Having so many options can be overwhelming and you might not know which gets you the best price. So, is ‘Shared Ownership’ cheaper than buying a home outright? […]

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06/01/2025

Article by: Plumlife

What Do You Need To Qualify For Rent To Buy?

The ‘Rent to Buy’ scheme is ideal for those looking to move from renting to owning a property. For some properties, you’ll be able to pay reduced rent and save up for the deposit of your home. It’s also a great opportunity to get to know the area and community before you commit. So, what […]

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