Whether you’re a first time buyer or you’re planning your next move, shared ownership could make things much easier.
Buying a home can feel overwhelming, especially when deposits and monthly costs continue to rise. Shared ownership is designed to make buying a new home more achievable. Instead of purchasing a property outright, you buy a share and pay a lower-cost rent on the rest – often resulting in less monthly outgoings compared to renting.
Guinness Homes is one of the UK’s largest and most trusted housing providers. Here’s why shared ownership at Points Cross could be the perfect fit for you.
You need a smaller deposit to get started
Credit: Tom Allport
With shared ownership, you only need a deposit for the share you’re buying, rather than the full value of the home. At Points Cross, shares start from 30%, making your upfront costs far more manageable. With less to save, you could step into your new home sooner than you expected.
Your monthly costs could be more affordable than renting
Credit: Tom Allport
It’s not just the upfront costs that are lower. You’ll pay a smaller mortgage alongside a subsidised rent on the portion you don’t own, which often works out cheaper than private renting. With rental prices rising each year, it’s a smart way to keep monthly expenses under control.
You can increase your share over time
Credit: Tom Allport
After buying your initial share, you can ‘staircase up’ the percentage of the property that you own as and when you’re ready – even up to 100% ownership. It’s a flexible, no-pressure way to grow your share gradually and in line with your circumstances.
You can make the place your own
Credit: Tom Allport
Unlike private renting, shared ownership lets you personalise your home from day one. Paint the walls, hang pictures or refresh each room to match your taste – it’s your space. That freedom to decorate helps you feel settled and genuinely at home.
You’ll have long-term security
Credit: Tom Allport
One of the biggest downsides to renting is uncertainty. Rents can rise, and private landlords can ask you to move on at short notice. With shared ownership, you can stay in your home for as long as you choose, giving you stability and peace of mind.
You can sell up when you’re ready
Credit: Tom Allport
If you decide to move on, you can sell your share just as you would with any other property. And if your home has risen in value, you could benefit from that increase – helping fund your next step on the ladder.
You’ll be backed by a trusted provider
Credit: Tom Allport
The Guinness Partnership is one of the UK’s largest housing providers. As a business with a social purpose, it reinvests any surplus income to help even more people access secure, affordable homes. When you buy with Guinness Homes, you’re supported by an experienced team at every step of your journey.
You’ll live in a brand new, high-spec home at Points Cross
Credit: Tom Allport
Points Cross is a brand new development on Leeds South Bank, made with modern materials and efficient design to help keep energy bills down. With carpeted bedrooms, integrated appliances and high-quality finishes included as standard, you’ll get a comfortable home that’s both economical and ready to move in from day one.
Terms & Conditions. Shared Ownership - terms & conditions apply. Subject to status and eligibility; minimum/maximum shares apply and rent is payable on the unsold share. Service change and additional costs may apply. Guinness Homes is not authorised by the Financial Conduct Authority and cannot provide advice on mortgages and interest rates. *Indicative range of full market values at Points Cross, with typical shares available from 30%. Guinness Homes terms & conditions apply. Prices correct December 2025. Cover image credit: Guinness Homes. Cover image credit: Tom Allport.
