Step-by-step process for buying a home
Here's what to expect at each stage of buying a home with Co-Ownership, from submitting your application through to finding your home and moving in.
Below is a quick overview of the Co-Ownership application process from start to finish - every step, in the order it happens - so you get an idea of what to expect and what you need to do at each stage. When you're ready to apply, we recommend taking a read through How to apply for Co-Ownership for more detail.
Let's start with one of our most common queries...
How long does buying a home through Co-Ownership take?
Most applications take between three and six months from application to completion, although this can vary depending on how quickly you find a property and complete the legal process. Some customers complete the process in a matter of weeks, while others can take longer. Each house purchase is unique.
Before you apply
To speed up the process, and improve your likelihood of being approved for Co-Ownership, we recommend completing the following three steps before submitting an application.
Decide if Co-Ownership is suitable for you
Check our applicant criteria to ensure that you meet our criteria, and there's no obvious reason your application would be declined.
Confirm you're eligible
Our eligibility checker will give you an instant result on whether you're likely to be approved, and suggest which product could be right for you.
Get an idea of monthly costs
For an indication of how much your outgoings could be each month, use our affordability calculator.
Your journey from applying to home ownership
Check if you're eligible
Find out whether Co-Ownership could be a good fit for your circumstances. There's no commitment and it won't affect your credit score.
Check your eligibility
Find out what you could afford
Use our calculator to estimate monthly costs and understand the property value Co-Ownership could help you buy.
Use the affordability calculatorReady to take the next step?
If you're ready to get started, click Apply Now. Or if you need a little extra help understanding the process, checking your eligibility, or completing your application, get in touch with our team who are here to support you every step of the way.
