Older People’s Shared Ownership (OPSO)

  • Ownership: Between 10-75% of the home's value

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Availability: England only

Overview of scheme

If you are aged 55 or over, the OPSO scheme in England could help you buy any home that’s for sale on a shared ownership basis (part-rent/part-buy). You could buy a share of your home (between 10% and 75% of the home’s value) and pay rent on the remaining share.

It works in the same way as the general shared ownership scheme, but you can only buy up to 75% of your home. Once you own 75% you won’t have to pay rent on the remaining share.

OPSO homes delivered under the new model for Shared Ownership will enable you to buy a share of between 10% and 75% of your home.


You could buy a home through the OPSO scheme if you’re aged 55 or over and meet the following criteria:

  • your household earns £80,000 a year or less outside London, or your household earns £90,000 a year or less in London
  • you are a first-time buyer, you used to own a home but can’t afford to buy one now or are an existing shared owner looking to move

How to apply

To buy a home through a Shared Ownership scheme contact the Help to Buy agent in the area you want to live.

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Shared Ownership

The government launched a new model of Shared Ownership in April 2021, which will apply to the OPSO scheme. The new model should be available to purchase from 2022 (with a limited number of homes available beforehand).