Shared Ownership Housing(SOH)

Shared Ownership Housing (SOH) is a type of housing in the United Kingdom where the buyer purchases a share of the property, typically between 25% and 75%, and pays rent to a registered social landlord for the remainder. The purpose of SOH is to provide an affordable route into homeownership for people who are unable to purchase a property in full, due to their financial circumstances.

SOH is an important part of the UK housing market, providing an opportunity for people to purchase a property in an area they may not otherwise be able to afford. It also helps to increase the availability of housing in areas where there is high demand. SOH is usually available to eligible first-time buyers, those looking to move up the housing ladder, and certain key workers.

The scope of SOH is limited to the UK housing market and is designed to help people purchase a property that they would otherwise be unable to afford. It is not a long-term