Older Persons Shared Ownership (OPSO)

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

Availability: England only


OPSO is a form of Shared Ownership available to people aged 55 and over. It allows you to buy an initial share in a OPSO home and pay rent on the remaining share.

OPSO homes delivered through the new model of Shared Ownership will enable you to buy an initial share in your OPSO home of between 10% and 75% of its market value. Under the previous model of Shared Ownership, the minimum initial share you can buy in your OPSO home is 25% of its market value.

OPSO 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.


You may be able to buy a home through OPSO if you’re aged 55 or over and meet the following criteria: 

  • your gross annual household income is £80,000 or less outside London, or your household earns £90,000 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

Find out how to apply for Older Persons Shared Ownership (OPSO)   (GOV.UK). 

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Shared Ownership

The government launched a new model of Shared Ownership in April 2021, which will apply to OPSO.