Buying your home through shared ownership

Is shared ownership for you?

Shared ownership is designed for people who want to be homeowners but cannot afford to buy a home in Islington on the open market.

Aimed at social housing tenants and others on low incomes to help them take the first steps on the property ladder.

This shared ownership fact sheet will give you full details on:

• eligibility
• why you should consider shared ownership
• types of properties available
• cost of buying a property
• rights and responsibilities
• how to buy a further share
• selling the property

Under shared ownership you buy a share of a property in Islington and pay rent on the part you do not own. You can increase the share that you own over time and you are also free to sell your share in the property at any time.

If you are interested and would like more details or an application form contact the Home Ownership team on 020 7527 7705 or email: homeownership@homesforislington.org.uk