Buying Shared Ownership with Sage Homes in Bedfordshire

Bedfordshire is a county that boasts countrywide charm. It is popular for its picturesque village as well as history dating back to the 9th century. It is also an oasis of lush golf courses, rolling farmlands, and green space.

Since it is connected both with Oxford and Cambridge, this county is an excellent escape from the hustle and bustle of the city, offering easy access to various motorways and London St Pancras airport.

From contemporary 1&2 bedroom apartments to 2&3 bedroom homes, purchasing a house through shared ownership in Sage Homes is a perfect way to settle down in the county.

What Shared Ownership Is

This refers to the homeownership scheme from the government, offering housing lands for individuals who are unable to purchase properties upfront. With this scheme, you will own a portion of the property, while a housing share owns the rest. And you will get to repay a mortgage on the share you have and rent on shares you don’t.

To start with, you may purchase between 25% and 75% of the property and then you may staircase, buying more shares over time. You will also need to buy increased shares in increments of 1% and beyond.

Based on how much you may afford, shared ownership can allow you to purchase a share of a home. At times, it is called ‘part-buy part-rent’ as you will be charged rental payments on the remaining shares that a housing association owns.

How Shared Ownership in Bedfordshire Works

Finding your first house may seem daunting. This is why Sage Homes aim to make your search for properties through a shared ownership option in Bedfordshire as simple as possible.

Shared ownership is also meant to benefit those who want a scheme, which offers them the freedom to choose between investing in a property and owning it.

This why Sage Homes display fantastic selections of high caliber, with 1-3 bedroom apartments and houses for sale.


With shared ownership options, you may purchase an existing or newly built house through programs from a housing association. You will have to take a mortgage so you can pay for the property’s share or fund it with your savings.

Only military personnel is prioritized over other groups of people through government-sponsored shared ownership programs. But councils with their shared ownership house-building programs can have priority groups, depending on local housing requirements.

You may also purchase a house through a shared ownership option in Bedfordshire if you meet the following criteria:

  • You need to be a first-time buyer or are used to owning a house but cannot afford to get a new one.
  • Your household earns around £80,000 in a year or less than that in Bedfordshire.

In a Nutshell!

Shared ownership basically supports everyone who is not able to buy a home on the wider marketplace, not to mention it makes the entire purchasing process easier and quicker in sought-after locations. This is especially common among first-time purchasers in Bedfordshire.

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