Shared Ownership
We provide high‑quality homes in places where people want to live and work, with a focus on new homes for families, professionals, first‑time buyers and downsizers.
We also recognise that getting your foot on the property ladder can be challenging, and we want to help you own your own home.
At Lloyds Living, we offer two routes to home ownership through our Shared Ownership schemes.
Pathways
Pathways is a shared ownership scheme that is available on selected developments. Pathways is designed to help people find a place they can call home when buying a home outright feels out of reach
This scheme allows eligible customers to purchase their home in stages with a minimum of a 5% deposit of the share they are purchasing.
You can initially buy between 10% and 75% of your home, and rent is paid on the share that you do not own yet. Over time you can buy more shares in your home, until you own your home outright. As you buy more shares, your mortgage payments will typically go up, and your rent will go down.
Most of the homes available on this scheme will be reserved whilst they are being built, this is known as reserving off-plan. Some homes may be available to view at the reservation stage, and some developments will have a show home available for viewing.
Lloyds Living Shared Ownership
Lloyds Living Shared Ownership is a private shared ownership scheme that offers a flexible route to home ownership. Available on selected developments, it lets you get on the ladder sooner and own your home from day one.
You can initially buy between 20% and 75% of your home, and rent is paid on the share that you do not own yet. You can continue to purchase additional shares in your home until you become the full owner. With each extra share you buy, your mortgage typically increases and the rent you pay decreases.
On some developments you can rent your home first before buying, we call it the “try before you buy” of home ownership. You can chose to rent your home for as long as suits you, after a minimum of 3 months into your tenancy you can start to buy shares into your home through shared ownership with a minimum of a 5% deposit of the share you are buying.
The eligibility criteria for this scheme are different to our Pathways Shared Ownership scheme, so we’ll guide you through what applies to you.
“They take your hand, take you through it, and you come out at the other end with exactly what you wanted.”
Barbara, Lloyds Living Customer
