Shared Ownership

Shared Ownership (or part buy, part rent) is a scheme which has been specifically designed to help those who are unable to afford the cost of buying a property outright on the open market.

It works by enabling you to purchase a share in your new home, and pay a subsidised rent on the part you don’t own to Hyde New Homes. You will buy your home on a lease which will normally be 125 years for new homes. If you are buying a second hand property, the length of lease will be based on the number of years remaining since the original lease was first issued.

Why buy through the Shared Ownership scheme?

For more information please contact our After Sales team, or download the booklet below:

Phone: 0845 606 1221

Email: info@hydenewhomes.co.uk

» Your guide to affordable home ownership (PDF)

Or click here to access our Frequently Asked Questions page

Resale

The 'resale' of an existing Shared Ownership property (part buy, part rent) is where the owner(s) of the property wish to sell it on.

If you are interested in purchasing a property in this way, you will be able to buy the same percentage share as the previous owner(s) and pay a subsidised rent on the remaining share.

For more information please contact our After Sales team:

Phone: 0845 606 1221

Email: info@hydenewhomes.co.uk