This allows you to "part-buy, part-rent" a property, usually from a housing association.
You only need a deposit for the share you are buying (e.g., 5% of a 25% share), making it much lower than buying outright. government house buying schemes
Formerly the Mortgage Guarantee Scheme, this was made permanent in 2026 to help buyers with small deposits. This allows you to "part-buy, part-rent" a property,
The government provides a guarantee to lenders, encouraging them to offer 95% mortgages. Deposit: Only 5% required. This allows you to "part-buy
You buy a share (typically between 10% and 75% ) and pay rent on the remaining portion.
You can buy more shares over time until you own 100%. 3. First Homes Scheme First Homes scheme: first-time buyer's guide - GOV.UK