How it works
Register for shared ownership with a Housing Association.
Passed the checks? You’ll be shortlisted for a property.
You take out a mortgage for between 25% and 75% of the property value.
You pay the Housing Association subsidised rent on their share.
You can increase your share of the property over time by buying it from the Housing Association, this is called ‘Staircasing’. Or, if you decide to move on, you’ll get back any equity on the share you own.
Greener Mortgages from Virgin Money
A brighter deal for you and the planet
If you’re looking to buy a new build property for your first home, we now offer a Shared Ownership Greener Mortgage. You’ll get a lower rate and help the environment too, because every time we sell a Greener Mortgage, we’ll offset 5 tonnes of carbon. That’s the average amount a UK home pumps out a year.*Find out more about our greener mortgage range
*Source: Carbon Neutral Britain
Get started today
Find your local Housing Association through a Help to Buy agent.Find an agent Link opens in a new window