Waterloo Housing Association - Shared Ownership

General information

Through our shared ownership scheme, we’ve helped thousands of people step onto the property ladder. And we could help you too.

Shared ownership does not mean you have to share your home with someone else! It simply means that you own a share of one of our properties and Waterloo Homes owns the rest.

You start by buying the share of your home that you can afford, based on its market value. This is usually around a 40% share but it can be as low as 25%. You only need a mortgage or savings for the share you buy.

The costs of buying are also kept low as your deposit and legal fees are based on the price of your share, not on the home’s full value.

We own the remaining share of your home, on which you pay us rent. Your rent is subsidised, so generally the total amount you pay in rent and mortgage payments is less than if you were to purchase a similar home outright or rent it privately.

If you want, and if you can afford it, you can usually buy further shares in your home – or ‘staircase’ – at a later date. So over time, you could own your home outright.

We have many new homes across the Midlands and Lincolnshire for you to choose from. From small starter houses to spacious family homes, all our developments are built to high quality standards and include many extra features to help you feel at home straight away.