Shared ownership

Shared ownership is intended for eligible people who are looking to buy an affordable home suitable for their needs.

Buying your shared ownership home

Selling your shared ownership home

Buying more shares

Buying a resale home

The shared ownership buying process

Simply click one of the eight steps below for an overview of the shared ownership buying process

Eligibility Check Application Approval Offer Reservation Choose Solicitor Apply For Your Mortgage Exchange Move in!

The shared ownership buying process

Simply click one of the eight steps below for an overview of the shared ownership buying process

Here to help,
every step of the way

We know the process of buying a new home with shared ownership can be daunting, but it doesn’t have to be.

To get started, simply click one of the eight steps along the road to your new home, or use the button below to start from the beginning.

Get started

Step 1

Eligibility Check

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Step 2

Application Approval

  • Once you have completed your affordability assessment with New Homes Mortgage Helpline, LiveWest will approve your application.
  • For more information visit:
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Step 3

Offer

  • If your affordability assessment is successful, you will be formally offered the property by LiveWest and will need to sign and return your offer documents back to LiveWest.
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Step 4

Reservation

  • You can now reserve your new home and pay your reservation by BACs.
  • Information on how to pay your reservation fee will be included in your offer documents.
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Step 5

Choose Solicitor

  • Once you have paid your reservation fee, you will need to provide your ID to your solicitor and pay your search fees.
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Step 6

Apply For Your Mortgage

  • If you are obtaining a mortgage, you will need to instruct your mortgage advisor/bank to submit your application to the lender.
  • Once your mortgage offer has been issued, your solicitor will need to send it to LiveWest’s solicitor for approval.
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Step 7

Exchange

  • Once your mortgage offer has been approved, you will need to sign your contracts, agree a completion date and pay your deposit.
  • To find out more about completing on your brand new shared ownership home, click here
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Step 8

Move in!

  • Congratulations! Get the keys to your new home!
  • Our Home Ownership team will be available to help you with any questions you may have once you’ve moved into your new home.
Eligibility Check 1 Application Approval 2 Offer 3 Reservation 4 Choose Solicitor 5 Apply For Your Mortgage 6 Exchange 7 Move in! 8

For existing shared ownership customers

Once you’ve moved into your new shared ownership home, our Homeownership team will be here to help.

Buying more shares

Once you've settled in your shared ownership home, you will have the option to buy more shares. This is also known as Staircasing. The more shares you own, the less rent you pay.