Shared Ownership FAQ

Do you pay full council tax on shared ownership?

Yes, you are responsible for paying the full council tax bill, even if you only own a percentage share of the property.

Council tax is based on occupancy and property banding rather than ownership share.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.

For the full picture, read our guide to shared ownership costs.

Still weighing it up?

Every situation is different. Have a free, no-obligation chat and we will give you a straight answer for your circumstances.

01529 300500

What clients say

710 verified reviews, rated 5.0

263 reviews on Google and 447 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor
VouchedFor

To find the best deal while renewing my mortgage. Nick has been professional and efficient throughout the process. Explaining clearly the options out there and finding the best deal for me. Yes a mortgage that is affordable and allows me to be confident with my current finances. N/A

Verified client in Lincolnshire
710
Five-star reviews
263
on Google
447
on VouchedFor
5.0★
Average rating

Read all 710 reviews

From first chat to front-door key

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Free, no-obligation consultation. We listen, compare the whole market, and hand you a clear plan, no jargon.

01529 300500
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Your home/property may be repossessed if you do not keep up repayments on your mortgage.