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ReservedWhat is shared ownership?
Shared ownership means a smaller deposit and smaller mortgage. You can increase your share of ownership over time – in most cases, until you own 100% of your home.
Shared ownership provides first time buyers and those who are not already on the property ladder the opportunity to buy a share in their home.
Affordability calculator
Use our simple calculator as a guide to see if shared ownership could work for you.
Affordability Calculator
Affordability Calculator Results
Results will be updated automatically when values are changed
| Percentage share price | £8,750.00 |
|---|---|
| Deposit | £875.00 |
| Mortgage (loan) amount | £7,875.00 |
| Mortgage payment per month | £82.76 |
| Rent payment per month | £54.69 |
| Total monthly payment | £136.00 |
Configure your mortgage
Use slider or text input to set the full market value between £1,000 and £500,000
Helpful resources
We’ve put together some useful information to guide you through your shared ownership journey.
Selling your home
Everything you need to know about selling your shared ownership home.
Buying more shares
With Magna, buying more shares in your shared ownership home is easy.
Accessibility tools