What’s the process of buying a house under a shared ownership scheme?

Many first-time buyers in the UK in 2025 choose to obtain their first home using the government’s shared ownership scheme.

This programme essentially allows buyers to purchase part of a property whilst simultaneously paying rent to an official landlord on the remaining part. Although there are many potential advantages with this, they also urge those considering buying through the scheme to think through all aspects of it.

When people live in areas with high house prices, a shared ownership can seem like the ideal solution to getting on the property ladder. Nearly a quarter of a million households are currently living in homes obtained by these means, and many more have expressed an interest in becoming part of the scheme, especially in more expensive locations. Many legal and housing agencies are currently encouraging the government to extend this scheme and promote it better, to advertise the benefits to those considering buying their first home.

Solicitors specialising in conveyancing in North Wales may suggest that people considering applying to the shared ownership scheme could also acknowledge that the rent element of the property can increase and, that there may be issues of responsibility when dealing with repairs and maintenance. It is also worth remembering that not all houses can be bought this way.

Take a moment to contact us here at Bennett Smith Solicitors and request an appointment to talk to one of our advisors about buying your first home.