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

Only military personnel will be given priority over other groups through government funded shared ownership schemes. However, councils with their own shared ownership home-building programmes may have some priority groups, based on local housing needs.

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

A new model of Shared Ownership is being launched in 2022, which will apply to the OPSO scheme. For further information about the details of the new model, when it will be introduced, and who you should contact to find out more, please click below. It is important to note that there will be a transition period between the former and new shared ownership model. This means that until 2023 both modelwill be available.