Buy a home
As well as renting homes, we also provide opportunities for people to get a foot on the property ladder, this includes our current tenants (see our Tenant Purchase Schemes section).
Shared ownership is a part-buy, part-rent scheme. It works by enabling you to buy a share in a property that you can’t afford to buy outright and pay subsidised rent to Paradigm on the part that we own. You can either purchase a share in a brand-new property or buy a previously owned property from a current shared owner.
Visit our dedicated website – Paradigm Living for more information.
Buying further shares/sell your shared-ownership property
As your circumstances change you can buy further shares, known as ‘staircasing’, from Paradigm and your rent will reduce to reflect the share you do not own. For the details about how to do this, contact our Sales & Marketing team on 0300 303 8046 for more details.
The money raised from these sales is ploughed back into building affordable homes for people who need them. We also occasionally sell homes we no longer need. Please contact the Sales & Marketing team on 0300 303 8046 for more details.