Shared Ownership – Pros & Cons

11:18 am | Blog | 5th December, 2018

Shared ownership can be a great way of getting on to the property ladder, but it’s not ideal for everyone.

To help you make up your mind, we’ve popped together some pros and cons.


  • It can enable you to get on to the property ladder more quickly than you might if you wanted to buy a home outright
  • You can buy additional shares as time goes on and you save more
  • It may be cheaper than renting
  • You can sell a shared ownership property at any time, and will benefit from any increase in value it’s seen since you bought


  • You’ll have to buy where the shared ownership properties are, which may not be your preferred location
  • It may be difficult to staircase – if the value of the property increases, the shares may become pricier
  • You’ll usually have to pay a service charge – although this is generally the case with leasehold properties, whether they’re shared ownership or not
  • It can be tricky to get a shared ownership mortgage – speak to a Crucible specialist mortgage advisor who can advise you how do to so