Right to Shared Ownership

As a Karbon customer you can buy a share between 10% and 75% of the home's full market value. You will then pay part mortgage and part rent on the share you do not own. You can also increase home ownership through buying further shares in the future - this is known as staircasing.   

To be eligible for the scheme you will meet the following criteria: 

• Have been a customer of social housing for three years 
• Have been with Karbon as your current housing provider for at least one year  
• Your home was built in the Government’s affordable homes programme between 2021-2026 

There are some exemptions - this includes: 

• Local authority/council homes 
• Homes in Designated Protected Areas (DPAs) and rural exception sites, this is where homes must be kept as social housing to meet the needs of the surrounding community 
• Specialist homes for older, disabled and vulnerable people 
• Alms houses (these are homes usually founded by charities) 
• Homes where the landlord or freeholder is a Community Land Trust
• The sale would breach the cost floor rule (where the current market valuation of the home is below the total amount spent on building or acquiring the home)
• Where the home qualifies for an exceptional exemption, including: there are legal obstacles to the sale (e.g. not enough time left in landlord's lease), it would stop regeneration plans for the home or the home requires large amounts of repair 

We’re working hard to make sure our process provides you with the best possible experience. In the meantime, you can find further information about the scheme here.  

If you’d like to speak to someone about getting on the property ladder through the Right to Shared Ownership scheme, please email:  

salesandmarketing@karbonhomes.co.uk 

Call: 0808 164 0111