Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Victoria Mews

Town Lane, Southport, Vale of White Horse, PR8 6PN

Shared ownership
3 bedroom homes
50% share from
Full price


Victoria Mews will provide a range of homes which are perfect for first time buyers. Set just outside the historic town of Southport, you can enjoy the nearby coastline whilst also being close to local towns and great road networks.

If you're looking to get on the property ladder, Victoria Mews is the ideal place for you.

Plot availability

Plot number Eskdale
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 50%
Minimum share price £113,997
Full market price £227,995
Monthly rent £261

The Eskdale is ideal for modern family living. On the ground floor you will find a spacious lounge and an open-plan kitchen/dining area, both of which lead to the back garden via French doors. Upstairs there are three bedrooms, the master with en suite shower room and a family bathroom.

50% shares from £113,997


Min share price from: £113,997 for a 50% share
Full price from: £227,995
Monthly rent from: £261
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £113,997 for a 50% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Heylo Housing
Shared ownership
3 bedroom homes
50% share from
Full price