There are several groups and organisations that need to be involved in order for you to buy your Shared Ownership Home.

Housing Association

The Housing Association provides the most important part of the jigsaw - the home you're going to buy. Depending on where you want to live, you'll have the choice of a house or a flat. You may be offered a home on an estate with other Housing Association properties or maybe you'll be able to choose a home elsewhere. It may also be possible to buy a home with one or two friends.

The Housing Association will own part of the property and you will own the other part.

Our principal Housing Association is the AmicusHorizon Group.  

Click on the name to be taken to AmicusHorizon's website.

AmicusHorizon Group

Care Provider

When you live in your own home, you may need care and support to help you with your day to day living. You'll need to talk to your Care Manager about getting a new assessment to see what help you'll require in your new home. We work with a number of Care Providers who'll be able to give you the support you need.

Our principal Care Provider is SeeAbility.  

Click on the name to be taken to SeeAbility's website.

SeeAbility

Lender

You'll need a mortgage to complete the purchase of your half of your Shared Ownership Home. We've negotiated an exclusive deal with Lambeth Building Society, designed specifically for people with learning disabilities who wish to purchase a Shared Ownership Home. 

As one of the largest building societies in the UK, you'll have the peace of mind in knowing the Lambeth understands your requirements exactly. It will arrange the mortgage for you with the minimum of fuss. You won't have to make the mortgage interest payments yourself, they will be paid in the form of Income Support directly from the Department of Work and Pensions.

You'll be entitled to raise a mortgage of up to £100,000 which means the maximum purchase price of your Shared Ownership Home will be £200,000. You should be able to buy something nice for that. 

The mortgage will be sufficient to cover all of the money you'll need to buy your share of the property. You won't be required to put down any money at all. No fees and no deposit.

The Lambeth will provide a free valuation of the property to ensure your home is worth the money you're being asked to pay for it. 

To save you having to worry about the monthly mortgage interest payments, the Department of Work and Pensions will make the payments directly to the Lambeth. 

There are no penalties on this mortgage. You can repay part or all of it at any time. During the time you have the mortgage, only interest payments will be covered. When you eventually leave the property, it will pass to the Housing Association who will pay off the mortgage in full.  

Click on the name to be taken to the Lambeth website. 

Lambeth Building Society

Independent Mortgage Adviser

Although the mortgage we've negotiated from the Lambeth Building Society is designed specifically for people with learning disabilities who would like to buy a Shared Ownership Home, you may require personal financial advice before you decide to proceed.  

Shared Ownership Homes is not permitted to give you financial advice in any form. But if you require advice, we'll be pleased to introduce you to Kingswood Law.  Kingswood Law is an experienced independent mortgage adviser that understands fully about Shared Ownership and the scheme we've put together. You won't be charged for any advice you receive.

Click on the name to be taken to the Kingswood Law website. 

Kingswood Law

Solicitor

You'll need a solicitor to undertake the legal work associated with the property purchase. This will ensure your Shared Ownership Home is legally bought and registered in your name. It's vital your solicitor understands Shared Ownership purchase, which is slightly more complex than a whole property purchase. Furthermore, the situation may be a little more involved if you have a learning disability. 

We've discussed the complete process with the firm of solicitors called Howlett Clarke. We're satisfied this firm will provide you with great service. You won't be required to pay any legal fees, they will be covered as part of the scheme. 

If you prefer, you can appoint your own solicitor but you will be responsible for any legal fees you're charged. However, if you do appoint your own solicitor, we'd be pleased to make a contribution of £200 towards your costs.

Click on the name to be taken to the Howlett Clarke website.

Howlett Clarke