Depending on where you live, you may have the Right to Shared Ownership.
The Right to Shared Ownership means that you may have the opportunity to buy a share of your home (from 10% to 75%) on shared ownership terms.
This means you would:
- Buy a share of your home as a leaseholder. This usually involves taking out a mortgage
- Pay rent to Leeds Federated on the unowned share of your home
- Still be eligible for any relevant service charges and/or third-party management charges
The Right to Shared Ownership is linked to the home you live in, not the tenancy, so if you move house, this ‘right’ will not move with you.
Eligible Homes:
You can apply to buy a share of your home if it’s eligible for the Right to Shared Ownership scheme – you can get in touch with us to check this.
Eligibility criteria:
- The home you’re applying with must be your only or main home
- You must have lived in your home for at least 1 year
- You must have been a tenant of social or affordable housing for at least 3 years
Consider carefully whether becoming a shared owner is the right thing for you – there isn’t a specific route back to being a social-rented tenant.
You can find out more about who is eligible for shared ownership in our shared ownership guide:
