Buying options

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Shared Ownership and Discount Market Sale (DMS) offer an affordable way to purchase a brand-new home. Shared Ownership offers options to part buy, part rent and DMS offers reduced prices if you meet certain eligibility criteria. After you have purchased an initial share of your shared ownership home, in most cases you can increase the percentage share.

For more information on any of the below, please speak to one of our Sales Executives.

How do I find out if I am eligible for shared ownership with Beech Grove Homes?

We work in partnership with our sister new-build affordable housing and shared ownership brand, Sanctuary, to deliver brand new shared ownership homes on some of our developments in England.

To find out if you are eligible to purchase via shared ownership, you will need to be assessed against the criteria for each individual scheme. As part of this assessment, full details of your finances will be needed to assess what is suitable for you.

To be eligible for the scheme, you generally need to meet the following criteria:

  • Your annual household income can be no more than £80,000 (for shared ownership in London, no more than £90,000).
  • You should be unable to purchase a home suitable for your needs without assistance.
  • You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).

If you have to borrow money for all or part of your share from a bank or building society, through a shared ownership mortgage, then bear in mind that repayments can vary as interest rates change. We advise that you take independent financial advice in this respect and ensure that you will be able to meet the repayments required.

We are proud to be supporting the National Housing Federation's shared ownership campaign, to raise the profile of part buying, part renting as an option to purchase your own home. More information can be found on the NHF shared ownership website.

A flexible way to own your own home

The OPSO scheme provides a flexible and affordable way for people to own their own home.

Under this scheme, individuals can purchase between 10% and 75% of the home's open market value, paying no rent on the remaining share when you purchase 75%. This means that you only need to secure a mortgage for the percentage of the property that you are purchasing, making it a more affordable option for those looking to own their dream home.

This scheme is a great way to get on the property ladder and own your own home in a location that suits your lifestyle. It is a flexible scheme that allows you to increase your share in the property over time, as and when you can afford to do so.

Next steps

If you're interested in learning more about OPSO or owning a home through this scheme, please get in touch with our local sales team at We are committed to providing you with the highest quality of service and look forward to hearing from you soon.

*Please note that available share prices,  staircasing and DMS options are site and plot specific, with restrictions in some instances. Please contact one of our Sales Executives for more information.