Shared Ownership with Stonecross Homes

Put simply, Shared Ownership is a cross between buying and renting a home.

You buy a share of the property, usually between a quarter and three quarters, and then rent the part you don’t own at a reduced rate. You then have the option to buy a bigger share in the property in future.

People have been buying shared ownership homes for around for 40 years, so it’s a well-established home ownership method.

We think it’s a great way of providing more affordable homes and increasing choice for our customers.

It's for anyone who would like to buy their own home, including existing housing association tenants.

This includes first-time buyers, but also people who used to own a home but can’t afford one now. Please get in touch if you'd like to know more about eligiblity for Shared Ownership.

No. Shared Ownership and Rent to Buy are not the same.

To learn more about Rent to Buy, please tap: www.boltonathome.org.uk/rent-to-buy.

One of our main objectives is to provide quality, affordable homes that can make a difference to people’s lives.

We do this through a mix of housing tenures, including Shared Ownership.

Offering homes for Shared Ownership provides more choice for our customers and is a great option for those looking to get a foot on the property ladder.

Yes. While we'll be developing more Shared Ownership homes, they'll only make up a small portion of the total number of homes we provide.

We'll still be developing other new build schemes for Affordable Rent and Rent to Buy**, and you can learn more about these by tapping here: www.boltonathome.org.uk/new-build-developments. Please note that many of our new housing developments include a mixture of homes for Affordable Rent, Rent to Buy, and/or Shared Ownership.

**Shared Ownership is not the same as Rent to Buy. To learn more about Rent to Buy, please tap: www.boltonathome.org.uk/rent-to-buy.

Stonecross Homes is the brand name we use to market our Shared Ownership developments and properties.

The developments are still led internally by our Bolton at Home Development Team and are still part of our organisation. Having a different name is simply a way to differentiate our Shared Ownership schemes when marketing them to potential customers. It helps us show that this is a different type of housing tenure, and is standard practice within the housing sector.

If you're interested in applying for a Shared Ownership property, please get in touch with our Development Team using the contact details at the top of this page.

You can also view our latest Shared Ownership developments using the tabs below.

Tap below to watch a virtual tour of the former Stonecross show home on Park Grove, Westhoughton. This video was captured in December 2018.

To see photos from more of our Shared Ownership developments, tap on the names of the developments below this video.

A development of 47 properties with 39 for Affordable Rent and 8 for Shared Ownership, close to Horwich town centre in partnership with Whitfield and Brown.

Affordable Rent Homes:

22 x 3 bedroom houses, 16 x 2 bedroom houses, 1 x 2 bedroom bungalow, 1 x 3 bedroom bungalow

Shared Ownership Homes:

8 x 3 bedroom houses (now available for sale)

A development of 53 properties with 44 for Affordable Rent and 9 Shared Ownership

Affordable Rent                

4 x 3 bedroom house, 5 x 4 bedroom house, 16 x 1 bedroom flat, 19 x 2 bedroom flat

Shared Ownership          

4 x 2 bedroom house, 5 x 3 bedroom house

A development of 50 properties with 44 for Affordable Rent and 6 for Shared Ownership situated between Bolton and Wigan in partnership with Persimmon Homes.

A development of 42 properties with 31 for Affordable Rent and 11 for Shared Ownership situated between Bolton and Wigan in partnership with Ashberry Homes (Bellway).