shared ownership

British

noun

(in Britain) a form of house purchase whereby the purchaser buys a proportion of the dwelling, usually from a local authority or housing association, and rents the rest

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Instead of direct control, it may increasingly mean shared ownership, localized governance and a willingness to let go of one-size-fits-all strategies.

From MarketWatch

People who rent part of their property from a social landlord under a shared ownership scheme will not be protected however.

From BBC

The federal government alleges James bought a three-bedroom home in Norfolk using a mortgage loan that required her to use the property as her secondary residence, and did not allow for shared ownership or "timesharing" of the home.

From BBC

Kevin Sims, director of shared ownership company SO Resi, said the Elizabeth line had made the Berkshire town considerably more desirable.

From BBC

I have $30,000 in stocks and shared ownership of a house in another state which, if sold, would net me $125,000.

From MarketWatch

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023