This allows you to "part-buy, part-rent" a property, usually from a housing association.
You buy a share (typically between 10% and 75% ) and pay rent on the remaining portion. government house buying schemes
You only need a deposit for the share you are buying (e.g., 5% of a 25% share), making it much lower than buying outright. This allows you to "part-buy, part-rent" a property,
Formerly the Mortgage Guarantee Scheme, this was made permanent in 2026 to help buyers with small deposits. This allows you to "part-buy
Buyers who can afford monthly repayments but struggle to save a large lump sum. Limit: Applies to homes valued up to £600,000 . 2. Shared Ownership
You can buy more shares over time until you own 100%. 3. First Homes Scheme First Homes scheme: first-time buyer's guide - GOV.UK