Shared ownership is available in Bristol, Leeds, Manchester, Stalybridge and Plymouth. 

We want to give everyone the chance to own their very own home. There are many ways to live in our vibrant communities and working together with the Homes and Communities Agency we can now offer you the opportunity to buy your own home through shared ownership. Same funky apartment with everything you would expect from an Urban Splash home… but more affordable if you can't quite manage to buy outright just yet.

Shared ownership is a government backed initiative funded by the Homes and Communities Agency, to help you get your foot on the housing ladder. It allows you to purchase an affordable share in your own home, ranging from 25% - 75%, with the option to buy additional shares in the future taking you into 100% outright ownership.

If you do need time to save up for your deposit, as an alternative to purchasing a share straight away, you may be able rent an apartment at 80% of market rent, allowing you to save now with a view to purchasing at any point within the next five years.

Introduction to Shared Ownership

Next, download one of our comprehensive guides to Shared Ownership:

Download the guide to shared ownership at Pattern House, Lakeshore, Saxton, 3Towers and Mills Bakery.

TLDR? Just want to know if you could buy through shared ownership?

The good news is that it's available to a really broad audience, the main criteria being that:

- You/your household has an annual income of less than £60,000 (Let's face it, who doesn't!)

- You are in full time employment

- You currently own no other properties

Through shared ownership, you can buy anything from 25% to 75% of the property, renting the remaining share at 2.75% per annum. The amount you can afford will be assessed by the HomeBuy Agent who acts on behalf of the government. . 

Where can I buy?

Affordable homes through shared ownership are available at:

Pattern House, Longlands, Stalybridge - Buy at Longlands from £50,000 for a 50% share. Modern city living with stunning countryside views, one and two bedroom apartments in Pattern House all feature balconies, with ground floor apartments benefiting from garden terraces. The communal gardens reach right down to the river bank with beautiful countryside on your doorstep! All apartments have floor to ceiling glazing, allowing natural light throughout the generous space. Show apartments now open.

Lakeshore, Bristol - Buy at Lakeshore from £65,000 for a 50% share. Lakeshore is Urban Splash's first development in Bristol. The Grade II Listed building sits over its own lake, within 10 acres of landscaped grounds. A fantastic mix of one and two bedroom apartments with extra high ceilings make open living spaces full of natural light and generous balconies with space to breathe. Look out across parkland full of wildlife or step outside for a woodland walk. Design for the city, live in the county.

Saxton, Leeds – Buy now at Saxton from £50,000 for a 50% share. Saxton is a great place to live. One and two bedroom apartments have bright open plan living spaces offering fantastic views over Leeds. There is tons of outside space too, with six and a half acres of private resident's gardens and allotments so you can grow your own veg! There is even a resident's gym and it's all located just minutes from the city centre.

3Towers, Manchester – Buy now at 3Towers from £50,000 for a 50% share. One and two bedroom apartments with spacious interiors and fantastic views across Manchester or the leafy green Irk Valley. Located just a short walk from the Northern Quarter on the edge of Manchester City Centre.

Mills Bakery, Royal William Yard, Plymouth – Buy now at Mills Bakery from £82,500 for a 50% share. Situated on the coastline of Devon, the breathtaking Royal William Yard is a collection of Grade I and II Listed buildings overlooking a new marina, with a number of restaurants, a gallery and a naval visitor centre adding to the value of the Yard as a great destination. One and two bedroom apartments in Mills Bakery are packed with original features and beautiful architecture. A waterfront destination with a difference.

What's a HomeBuy agent?

HomeBuy agents act on behalf of the government and will assess your eligibility for shared ownership and process your application

Plumlife is the HomeBuy agent for shared ownership at Chips, 3Towers and Longlands Apply here for homes in Manchester and Stalybridge

My4Walls is the HomeBuy agent for shared ownership at Saxton. Apply here for homes in Leeds

South West Homes are the HomeBuy agent for shared ownership at Mills Bakery and Lakeshore. Apply here for Plymouth and Bristol

Other affordable options from Urban Splash

FirstBuy is available at Chips, New Islington - Prices starting at £89,600. Own your own home for as little as 80% of the purchase value.