This simply put is a mixture of mortgage and rent. You buy a percentage share of a property and pay rent on the rest. This is a good option for smaller deposits as finding 5% of the share is easier than 5% of the full market value. You have the option at a later date to buy further shares, also known as staircasing, so you could purchase the whole property over time, but this could be a good way to get started on the property ladder. Registering with your local housing association is a good starting point to see the sort of properties on offer and of course estate agents will also have a stock of shared ownerships for sale. All we will need is the full market value, share you are looking to purchase, rent for remaining share and the service charge applicable and we can do the affordability checks to see what your options are.