Northern Ireland’s regional shared ownership provider, Co-Ownership, has announced an increase in the Property Value Limit for its Co-Own, Co-Own for over 55s and Rent to Own products from £195,000 to £210,000. The change will apply to applications submitted to Co-Ownership on or after 1st April 2025.

The increase is designed to support people across Northern Ireland as they seek to become homeowners, whilst responding to rising property prices.  

Co-Ownership has been supporting people into home ownership in Northern Ireland since 1978. The model, designed to help people who would not otherwise be able to own a home of their own, allows the homeowner to buy a share of a house, whilst Co-Ownership buys the rest. 

Co-Ownership, as Mark Graham, Chief Executive explains, will provide wider access. He said:

“Raising the Co-Ownership limit from £195,000 to £210,000 will provide prospective Co-Ownership customers with access to a wider range of properties across Northern Ireland.

‘’The approved Programme for Government acknowledges that good housing is essential to our health and wellbeing. It positions shared ownership as a solution to help people access affordable, sustainable, and quality housing that meets their needs.’’

Find out more about Co-Ownership, and its Co-Own and Rent to Own products by visiting co-ownership.org.