The service provided by Shared Ownership Homes is free for people who have a disability and who want to buy a home of their own.

The entire cost of the service, including the administration and staff costs, valuation and legal fees in connection with the mortgage together with the legal fees and disbursements associated with the purchase of the property, is funded from contributions received from the Social Care Purchaser or Commissioner, the Housing Association and the Lender.  

Social Care Purchasers will be expected to contribute £1,500 per transaction. It may be appropriate for this cost to be re-charged in some circumstances. 

Housing Associations are required to pay £3,000 per transaction.

Lenders make a nominal contribution, usually £350 per transaction.

Fees are only payable on successful completion of a transaction.