Do I have to share my shared ownership home?

You can enjoy your shared ownership home without sharing it with anyone except your partner or family; it's your home and you can live as you wish, just like any other home purchase. The term "shared ownership" simply refers to your relationship with Aster and buying shares in the home.

When it comes to shared ownership homes, the question of 'do I have to share my shared ownership home' is usually asked. Shared ownership allows you to purchase a share of the property from Aster, with a smaller deposit, allowing you to get on the property ladder. You do not have to share your home with others unless you choose to.

If you are considering sharing your home with others, reviewing your shared ownership agreement is essential, as most agreements have specific clauses that limit or prohibit subletting without permission. 

For more information about shared ownership, read our helpful resources to find out what is shared ownership and how does shared ownership work.

Who are Aster?

At Aster, we're proud to offer beautiful new shared-ownership homes across the South of England and London. Our homes are perfect for those looking to make a great start on the property ladder and take advantage of all that this incredible area has to offer. 

Our aim at Aster is to find you a home, not just a house – and with our fab shared ownership approach, you can find a home in a lovely location that may otherwise be out of your reach, just get in touch!

Finding Your Dream Home

Finding your dream shared ownership home, is as simple as giving us a call and letting us walk you through the steps you need to take. With this guide and guidance from the team at Aster, we can make the process a piece of cake.

At Aster, we’re committed to making the process as smooth and stress-free as possible. We feature a range of shared ownership properties, each with its own unique characteristics and features. Our knowledgeable and friendly sales team are always on hand to provide expert advice and guidance, helping you to find your perfect shared ownership home.

Whether you’re a first-time buyer or a seasoned homeowner, we’re here to help you every step of the way.                 

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What is shared ownership?

Let’s face it, getting on the property ladder isn’t getting any easier is it? Saving for a large deposit and even getting accepted for a mortgage that’s enough to buy the home you want could be pie in the sky, right? Enter - shared ownership, the property ladder buying solution. You find a home with a shared ownership purchase option and you buy a share (from 10% to 75% depending on your affordability and the terms of your lease) and pay Aster rent on the remaining bit. And when you’re able to do so, you can buy more shares (called staircasing) eventually leading to outright home ownership (in most cases, just ask our team first). So, you get the home that you want, in the area you love, through a repayment that’s achievable.

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