Shared ownership explained

For many people, owning a home can feel out of reach. Rising house prices, affordability concerns and the challenge of saving for a deposit often leave aspiring buyers believing they'll be renting for years to come.

But home ownership may be closer than you think.

Shared ownership is helping thousands of people take their first step onto the property ladder, offering an affordable alternative to buying a home outright.

If you live in the East Midlands and you're a first-time buyer, looking to get back onto the property ladder, or ready to downsize, NCHA could help you make your dream of owning a home a reality.

What is shared ownership?

Shared ownership allows you to buy a share of a home and pay rent on the remaining share. Because you're only purchasing a portion of the property's value, you'll usually need a smaller deposit and mortgage compared to buying outright.

Find out more about shared ownership.

Own more of your home over time

One of the key benefits of shared ownership is the opportunity to increase your share of the property in the future through a process known as staircasing.

As your financial circumstances change, you may be able to purchase additional shares in your home, reducing the rent you pay and increasing the proportion you own. For many customers, this provides a pathway towards owning more – or even all – of their home over time.

Real stories from real customers

We've been helping customers achieve their home ownership goals through shared ownership since 1987, supporting people from a wide range of backgrounds to find a home they love.

Read our customer stories to discover how shared ownership has helped people take that all-important first step onto the property ladder.

Homes available across the East Midlands

We currently have a range of shared ownership homes available across the East Midlands, with developments in sought-after locations and new homes coming soon.

Whether you're looking for your first home, more space for a growing family or a fresh start somewhere new, there could be a home that's right for you.

Search our homes and start exploring what's possible.

Take your first step today

Throughout September 2026, we're hosting a series of shared ownership events designed to help aspiring homeowners understand their options, get mortgage ready and take the next step towards buying a home.

Browse our upcoming events and reserve your place today.