Shared ownership

A shared ownership lets you buy a percentage share of a property, while a local housing association keeps the rest. You then pay rent on the share owned by the housing association.

You can normally buy a bigger share of the property later on to reduce the amount you have to pay in rent.

Shared ownerships are sometimes called part-buy part-rents.

Check if you can apply for a shared ownership on the Help to Buy website.

5 percent deposits

For some newly built properties, the government can lend you up to 20% of the cost of the property, called an equity loan.

You can add this to a 75% mortgage so you only need to pay a 5% cash deposit to make up the rest.

You also won't be charged any interest on the 20% equity loan for the first 5 years of owning your property.

Check if you can apply for an equity loan on the Help to Buy website.

Other help

You can find out about other help available on the local Help to Buy website.

This includes special services for older people and people with disabilities.