Yes! The housing association which owns part of your home will charge a rent of 2.75% of the value of their share of your property. For example, if you have a 50% Shared Ownership of a £200,000 property then the housing association owns £100,000 of it. Their annual rent of 2.75% would be £2750 per year, or £229.16 a month.

Our specialist mortgage advisers can help you work out if you can afford the rent and your mortgage payment on the half you own.