Shared Ownership FAQs

Once you've taken a look at the answers to our Frequently Asked Questions below, learn more about the Ten Steps to securing your Shared Ownership home here:

Ten Steps to Shared Ownership.pdf [pdf] 126KB

You can also contact the Homes By Muir team directly here

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How many shares can I buy?

You can typically purchase between 25% and 75% of a brand new property.



Shared ownership home Do I need a deposit?

You can carry out an affordability check with Metro Finance

The deposit you need will depend on the % share which you purchase. Check out their online affordability calculator.


How much will it cost me to reserve a property?

A non-refundable £250 reservation fee is payable if you decide to go ahead.

This amount is deducted from the purchase price.


What charges will I pay?

You will pay a monthly rent and which we own and buildings insurance. If there are shared areas you may also pay a service charge.

The charges are reviewed in April each year, as outlined in your lease.  

The lease outlines our joint responsiblities.


Shared ownership home Is there a guarantee on a brand new property?

Brand new properties usually come with a ten-year NHBC/Premier Guarantee.

You will be responsible for maintaining and decorating the property. If you want to make any structural changes to the property you will need to ask first.


Can I buy more shares?

You can often buy up to 100% of the property if you choose to do so.

Learn more here:

On some developments the maximum share available to purchase is between 75% and 80%.


How do I sell my share?

You can find out more about selling a shared ownership property here:


Shared Ownership properties for sale

Search shared ownership Homes By Muir by clicking here


You can also search for shared ownership resales properties.

These are properties which have previously been owned but where the owner wishes to sell the share.

Our existing shared owners are responsible for placing their own properties on the open market for sale through estate agents.

They can often be found on or or

Learn more about how to buy our homes available for resale here:


You can also learn more about shared ownership here: