Part-buy part-rent, commonly known as , is a government-backed scheme designed to help first-time buyers and those who don't currently own a home get onto the property ladder in high-demand areas like Brighton . It allows you to purchase a share of a property (usually between 10% and 75%) and pay a subsidized rent on the remaining portion to a housing association. How Shared Ownership Works in
: You pay a regulated rent on the share you don't own. This rent is typically lower than open-market rates. part buy part rent brighton
: You take out a mortgage for the share you are buying. Because you are only purchasing a portion of the home, your required deposit is significantly lower—often 5% to 10% of the share value rather than the full market value. Part-buy part-rent, commonly known as , is a
: Over time, as your financial situation improves, you can buy more shares of your home until you own it outright. This process is known as staircasing . Current Shared Ownership Developments This rent is typically lower than open-market rates
Several key projects are currently offering or planning affordable homes in the area: Shared Ownership Brighton & Hove - Share to Buy