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Buying a Part Buy, Part Rent Home with L&Q

Aimed at first time buyers, Part Buy, Part Rent Home Ownership, or Shared Ownership, was launched by the government in April 2006 under the HomeBuy brand.

The advantages of shared ownership

A guide to Part buy, part rent home ownership
  • You will own part of your home, rather than paying rent with no return.
  • Your monthly mortgage and rent can work out much cheaper than buying outright, and sometimes not much more than renting.
  • You can buy more shares in your home or sell it if you want to.
  • You only buy what you can afford so you don't overstretch yourself financially.

Download the Part Buy, Part Rent Home Ownership guide (PDF) above.

Shared ownership - the buyers guide

This short video is a complete guide to shared ownership with L&Q.