Who is Co-Ownership for?
If you live in Northern Ireland and can afford part - but not all - of a home, Co-Ownership might be able to help.
Not everyone can afford to pay a full mortgage, but that doesn’t mean home ownership isn’t possible. Co-Ownership is designed for people in Northern Ireland who have a steady income and can afford monthly payments, but can't save for a deposit within a reasonable time or afford a full mortgage.
If you’re ready to buy but need a more affordable way to do it, we could provide the support and flexibility to help you take that next step.
Is Co-Ownership right for you?
Co-Ownership helps people who want to buy a home but cannot afford the full purchase price right now. Many of our customers are first-time buyers, but we also help people returning to home ownership after a change in circumstances, and those who are over the age of 55 wanting to move to a home that suits them better.
You may find Co-Ownership helpful if you:
- can afford monthly mortgage payments but not the total cost of a home
- are finding it hard to save a deposit
- are over 55 and want a manageable home for later life
- have a stable income but limited borrowing options
Ultimately, Co-Ownership is designed to be flexible and supportive. It can make home ownership achievable sooner, particularly if saving a deposit or meeting full mortgage requirements is holding you back. By sharing the cost, together we can help you buy a home now that meets your needs, while giving you the option to grow your share in the future.
To understand your options start with our eligibility checker and then the affordability calculator. These helpful tools will show you what buying with Co-Ownership could look like based on your income, deposit and other factors.
Then take a look at the step-by-step process, for details of what happens at each stage in our homebuyers journey.
An introduction to Co-Ownership
If you're not sure whether Co-Ownership is right for you, this video is worth a watch. In just over a minute, it covers what shared ownership means in practice, what you'd pay each month, and how you can grow your share when you're ready.
Would your application be accepted?
Before applying, complete our Eligibility Checker to get an idea of whether your application is likely to be accepted.
Find out more
What are the monthly costs involved?
Get an idea of how much your rent and mortgage costs could be, as well as our fees and other costs.
Learn more
Excellent from start to finish anything I needed to know they are only a phone call away. Went well beyond my expectations so thank you Co-Ownership for making my dream house come true.
Thinking of applying?
Here's a handy guide to everything we consider when you apply to Co-Ownership.
View applicant criteriaHave a property in mind?
Before you make an offer on your dream home, have a read through our property criteria.
View property criteriaWe're happy to help
Our team is available to offer support and guidance at every stage. Book an appointment using the option that suits you best, and let us know how we can be of assistance.
