A more affordable way to become a home owner

If you can't afford to buy your first home outright, you might be suited to becoming a shared ownership (sometimes called part buy-part rent) home owner.

Shared ownership will help make home ownership more affordable by letting you buy a share of a property and pay a rent on the remainder. The share you don’t own will be owned by a housing association and the rent they charge is often subsidised.

You can feel confident in a shared ownership housing scheme because the housing association that you’ll be buying with will be regulated by the Housing Corporation and, in turn, report to the Government.

Priority for shared ownership homes is often given to those with a local connection, local authority tenants and those with community responsibilities.

Most of the properties on www.yourhomefinder.co.uk are "housing association resales", meaning that someone has bought a share in the property, has been living there and is now ready to move on. It is their share that is being offered.