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

714 verified reviews, rated 5.0

267 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

We were looking to buy our first home and wanted someone we could trust to guide us through the mortgage process. Nick was recommended by previous clients for making everything as smooth and stress-free as possible, so we decided to reach out. Nick and his team have been incredibly helpful—always available to answer our questions, offering multiple mortgage options, and giving 100% to reassure us throughout the entire process. Their support turned what could have been a stressful experience into something smooth and manageable. Definitely! When we first went for our appointment, we never expected to have our house within just 5 months. The outcome has exceeded our expectations, and we're so grateful for how smoothly everything went. Nothing at all – I believe the level of service they provide goes above and beyond expectations. The genuine care they put into building relationships with their clients is truly amazing.

Verified client in Lincolnshire
714
Five-star reviews
267
on Google
447
on VouchedFor
5.0★
Average rating

Read all 714 reviews

From first chat to front-door key

Let’s make your move simple

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

01529 300500
Free until your offer is approved No jargon, no pressure Whole-of-market advice

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