House price surges spark rise in Shared Ownership across UK

on 17 February 2022

First-time buyers outside the traditional hotspot of London are increasingly using shared ownership as a way to get on the property ladder, according to new data from Leeds Building Society.

Areas of the UK experiencing growth in the tenure over the last three years include the South East, where the number of Society borrowers rose from 23% in 2019 to 28% in 2021, the East Midlands (8% of borrowers in 2019 to 10% in 2021) and the West Midlands (7% of borrowers to 9%).

Find out more about the rise in Shared Ownership in this article by Financial Reporter.