You'll find all the information you need about L&Q's shared ownership homes on LQ Homes. This includes information on eligibility, our latest shared ownership homes and how you can apply.
What's shared ownership?
Shared Ownership makes it possible to own your home – even if you feel priced out of the property market. It’s an affordable home ownership scheme designed as a stepping-stone to outright ownership if you can’t afford to buy a home on the open market.
Under a Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder in the London area.
With a Shared Ownership property you become an owner-occupier. This gives you the long-term security and stability of home ownership at a price that’s still affordable.
Some advantages of shared ownership:
- You'll 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
For more detailed information on shared ownership and finding your perfect L&Q home, please visit LQ Homes.