You may increase your share in the future through a process known as ‘staircasing’. Your rent is adjusted to reflect this. In some cases you may be able to buy outright after as little as 1 year of occupation, although there are some restrictions on rural schemes.
When you buy a SO property, your deposit will be lower than on the open market. This is because you only need to raise a deposit for the share you are buying, and not the full open market value.
Useful Leaflets & Guides
Who can apply for Share Ownership?
Check if you are eligible on the Government’s website.
Find a property
You can search for properties for sale here:
- In Norfolk and north Suffolk on our website
- By local authority area on the Government’s website