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.

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What clients say

701 verified reviews, rated 5.0

258 reviews on Google and 443 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor
VouchedFor

Looking for a mortgage Helped me understand and obtained a mortgage for me to buy my own home Yes Nothing

Verified client in Lincolnshire
701
Five-star reviews
258
on Google
443
on VouchedFor
5.0★
Average rating

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