Below are some of our most frequently asked questions. If you have any questions that aren't answered below please submit them in the form on the contact us page.

How do I register an interest in a property with Southern Home Ownership?

To register your interest, click on the development you are interested in, scroll down to the ‘Register an interest’ section, fill in your details and click ‘Submit’.

How does shared ownership work?

The shared ownership scheme is simple, you buy an initial share of between 25% and 75% of the apartments full value and pay a subsidised rent on the remainder. You may purchase further shares (up to 100%) as your circumstances change.

How do I book a viewing?

If a property is ready for sale and has viewings available, you can book an appointment using the calendar on the development page. This is done by selecting your chosen date/time and adding the booking code given to you by one of our specialist mortgage brokers. If no calendar is showing this means that there are no appointments available. Please register your interest on the development page and you will be notified once viewings become available.

Can I decorate/make improvements to my home?

Yes, you don’t need our permission for decorating or simple repairs, however you would need to get permission for larger works.

Can I buy additional shares in the property?

Yes you can. This is known as ‘staircasing’.

When you buy more shares in your home, your home is re-valued and you buy the shares at the current market value, at the time you are buying the shares.

You can usually staircase up to 100%, please check your lease for any restrictions.


What if I want to sell my property?

When you want to sell your shared ownership home Southern Home Ownership has a time period specified within your lease to offer the property to another eligible shared owner. If we are unable to source a suitable purchaser in this time, you can put the property on the open market.

Can I keep a pet?

Please check your lease which will tell you if you are allowed to keep a pet.

Generally, with our permission, if you are buying a house with direct access to a garden you are allowed to keep a pet. If you are buying an apartment, this is not usually allowed.

Where Southern Housing Group does not manage the development, there may be further restrictions.

Can I rent out my property?

You cannot grant an assured short hold tenancy on a shared ownership property.

If you want to get a lodger you can, however you need to be able to afford to purchase the home without any assistance.

In very limited circumstances you may be able to rent out your property with permission of Southern Housing Group.


Will I find a home I like?

We’ve a huge choice of properties available on a Shared Ownership basis, including a range of high quality apartments, houses, maisonettes and townhouses. From family homes in desirable country locations like Horsham, to contemporary apartments in London; there is something for everyone.


Will I have to pay Stamp Duty?

First time buyers are exempt from paying Stamp Duty if their property is valued under £300,000.  For those properties priced between £300,000 - £500,000, the first £300,000 is taxed at 0% with the rest taxed at 5%. If you’ve owned a property before, Stamp Duty is 0% on the first £125,000, 2% on the next £125,001 - £250,000, with the rest taxed at 5%.


Is it cheaper than renting?

Shared Ownership can be cheaper than renting privately as the mortgage cost and low rent usually add up to less than the equivalent rental payments to a landlord.


Will I still need a deposit?

Yes you still need a deposit, but only on the percentage of the property you are buying. Mortgage deposits can often be just 5% of the share value.


What if I already own a home?

If you already own a property you would need to have confirmed the sale of your home when you apply to buy via Shared Ownership. Your application would be assessed based on your housing need for you to be considered for Shared Ownership.


Can I choose the location?

Generally, priority is given to applicants that live or work within the area they want to buy. This criteria is usually set specifically for each development.


Can I buy a property on my own?

If you earn or have a household income between £20,000 and £90,000, you could be eligible. You can also use Shared Ownership to buy alone or with another person as long as your joint incomes don’t exceed the maximum earnings bracket.


Is it just for families?

Not at all, you can use Shared Ownership to buy alone, with another person, or as a family, as long as your household income doesn’t exceed £90,000.


Don't just take our word for it

Hear What Our Customers Say

It’s a great feeling now knowing that I have something that I can call home and will help me out in the years to come when I have to think about slowing down and retiring. Everything was so easy which made it a very stress-free experience. I would definitely recommend it as a means to get onto the property ladder.

Tim - London

Don't just take our word for it

Hear What Our Customers Say

Shared Ownership is cheaper than renting, I feel a sense of security especially having a two year old son. I feel like I can make personal changes to the décor. Whereas before, because I was renting I couldn’t really decorate and put my own stamp on the apartment.

Jordan - Hackney

Don't just take our word for it

Hear What Our Customers Say

The staff at Southern were great, whenever I had a query they would come back to me on the same day. They were really efficient, I haven’t got a bad word to say about the experience. I even recommended Southern Home Ownership to a colleague of mine who was looking to buy a property.

David - London