Your Home:
The gradual ownership scheme that gets people like you moving!
Get your home buying journey started today
Buy a share of a pre-owned home and rent the rest.
What could be simpler?
Your Home is a leading gradual home ownership scheme that enables movers to secure a home they truly love, without the need for a mortgage. Unlike traditional shared ownership schemes, Your Home is available on many second hand homes*. This means you can view eligible homes via any estate agent in England!
Movers need to put down a cash deposit of at least 25% of the value of the home, and then pay a rent of 4.89% of the value of the unsold share**.
Your Home is helping people all over England to find a home they truly love.
People just like Eleanor and Josh
Your Home is helping people all over England to find a home they truly love.
People just like Eleanor and Josh
Young renters Josh and Eleanor bought a three bedroom Victorian style house with plenty of character in Ipswich, Suffolk through Your Home’s gradual ownership scheme.
The couple had been looking to buy a home via a mortgage, but due to them both being self-employed, they were struggling to access the right mortgage deal for them.
Already renting a flat in Essex, the couple were starting to give up on their home search, when they discovered Your Home via an online search:
“We almost gave up on our property search, but then Josh and I came across Your Home – we were able to speak to the team and explain our situation, and from then our route to homeownership became wide open. The Your Home team made it clear that we wouldn’t need a mortgage, which instantly made it a viable option for us."
Mortgages are great but they aren’t suitable for everyone. There are often reasons why a mortgage might not be the best option, perhaps for religious reasons, and Your Home offers movers greater choice. Your Home is always transparent about the process and the costs involved and go to great lengths to ensure the service to both the customer and acting estate agent is smooth and professional. Here’s Eleanor again:
“The Your Home team were very transparent, letting us know exactly how the whole process would work and what we’d be paying for. It actually worked out that renting our previous flat would cost the same each month as buying a 50% share with Your Home, so it was a real no brainer.”
And what has using Your Home meant to Eleanor and Josh?
Eleanor says:
“We love our new home – it’s exactly what we were looking for. It’s a Victorian style house with plenty of character. We’re just touching up the property to our personal taste, but it was ready to move into straight away. Our favourite part of the home is our dedicated nap room with views overlooking the surrounding allotments – it’s the most perfect space to kick back and relax in.”
How Your Home Gradual Ownership Works
The example below outlines the costs based on a home valued at £250,000.
Other costs apply, including your solicitors and valuation fees plus the Your Home fees.
Is Your Home right for you?
If you are looking to move home soon, then find out how Your Home could get you a home you'll love, for a monthly payment that's affordable to you.
You can discover more about Your Home's eligibility criteria and credit check process by clicking on the links below.
Make your next move with Your Home
To apply to Your Home, simply click the ‘Apply Now’ button below and complete your application. One of the team will assess your application and let you know if you’re application has been successful.
*Eligible homes must be freehold and at least one year old. The home must have an EPC rating of at least D. A RICS Level 2 Home Buyers Report must be completed at the expense of the buyer (prior to exchange) and the valuation in the report must not be more that be in line with the purchase price agreed. There should be no serious safety issues highlighted in the report, or anything that could cause severe long-term damage for the buyer or to the property (for example, damp, mould or subsidence).
**Rents increase annually at a rate of RPI plus 0.5%.
