Shared Ownership -
all you need to know!
Think you can’t afford to own a home? Try Shared Ownership from Curo.
Shared Ownership is a part rent/part buy scheme that can help you take your first step on the property ladder. It’s aimed at first time buyers and those who don’t currently own a home.
How does it work?
You buy a share in a home, usually between 25% and 75%, and pay a discounted rent to Curo on the remaining share. This means you’ll need a smaller deposit and a smaller mortgage, making it easier and more affordable for you to own a home. You can then purchase more shares at a time that is right for you, in most cases, up to 100%. This process is called ‘staircasing’ and once you’ve achieved full ownership, you’ll no longer need to pay rent to us.
We have many homes available to buy through Shared Ownership across South West England.