Shared Ownership in Norwich: How It Works for First-Time Buyers

In short: Shared ownership lets you buy a share of a home, usually between 10% and 75% on newer leases, and pay rent to a housing association on the rest. You need a deposit only on your share. Eligibility is generally a household income of £80,000 or less outside London, and not owning another home. You pay the full service charge and are responsible for repairs. Norwich schemes are run by housing associations; Fraser Bond is London-based, but our guide explains the costs.