If you can’t afford to purchase a property outright on the open market, a low-cost home ownership product called 'Shared Ownership' might be a way for you to purchase a home and get on the property ladder. 

Shared ownership

Depending on how much you can afford, shared ownership allows you to buy a percentage share of a property while a local housing association retains the other share. It is sometimes known as 'part-buy, part-rent' because you pay rent on the remaining share retained by the housing association. 

In most cases shared owners can choose to buy additional shares later, when circumstances allow, to increase their equity.

Find out more about Shared Ownership on GOV.UK

You can also find out which housing associations offer shared ownership in Bedford Borough.