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Ownership Options

What are my home ownership options?

We help make choosing a home, and the buying process, as stress-free as possible. Our specialist team offer straightforward advice to help you with the next step of the property ladder.

Outright sale

The most popular way to own a home is to buy it outright*. This basically means that you own 100% of your property and most people take out a mortgage to do this. Buying your home outright also means you won’t need to fit any of the eligibility criteria associated with some of the properties we have advertised on our website. When you’ve found the perfect new Karbon home for you, you can reserve it for as little as £300.

*Please note that outright sales can be plot & development specific

Shared ownership

Shared ownership means you part buy, part rent your home. The smallest share you can initially buy is usually 25% and 75% is usually the maximum. You will need savings and/or a mortgage to pay for the share you want to buy, and you will pay a monthly rent on the share you don’t own. If you have a question, email our dedicated inbox

Rent to buy

Rent to Buy is aimed at people who would like to buy a property but who currently don’t have enough savings to cover a deposit – you rent before you buy! You will be assessed to see if you can afford to initially rent the property, with the longer term aim to buy the home in the future. Rents are 80% of market rents, to enable you to put this saving towards a deposit. Click here to apply.

Older persons shared ownership

We have various low-cost home ownership options open to potential buyers aged 55 and over, most of which involve owning a share of a leasehold property. Purchasers can usually buy from 25% to 75% of the property. Rent and/or service charges may apply.

For more detailed information on our home ownership options, or the properties we have available, call the home ownership team on 0191 223 8749 or email

Can I afford to buy?

We can help you work out what you can afford to buy.

Our home ownership team will look at your income and your outgoings, as well as your living situation, before recommending home ownership options suitable for you and your finances.

The percentage of a shared ownership home you can buy is influenced by a number of factors, like how much you earn and if you have a deposit saved.

You will need to arrange your own mortgage, but we can give you help to find out about mortgages and where you can go for specialist advice.

Why Shared Ownership?