[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.london-law.co.uk\/shared-ownership-exeter-guide\/#Article","mainEntityOfPage":"https:\/\/www.london-law.co.uk\/shared-ownership-exeter-guide\/","headline":"Buying shared ownership in Exeter. A guide for first time buyers","name":"Buying shared ownership in Exeter. A guide for first time buyers","description":"Introduction: why shared ownership in Exeter works for first time buyers Shared ownership gives many first time buyers a realistic route onto the housing ladder in England and Wales. You buy a share of a property, usually between 25% and 75%, and pay a mortgage on that share while paying subsidised rent to a housing [...]","datePublished":"2026-07-25","dateModified":"2026-07-21","author":{"@type":"Person","@id":"https:\/\/www.london-law.co.uk\/author\/whyareyouhavingagome-com\/#Person","name":"Paul Outhwaite","url":"https:\/\/www.london-law.co.uk\/author\/whyareyouhavingagome-com\/","identifier":28,"image":{"@type":"ImageObject","@id":"https:\/\/www.london-law.co.uk\/wp-content\/litespeed\/avatar\/766019ec1247c2495f1d335b6132fd59.jpg","url":"https:\/\/www.london-law.co.uk\/wp-content\/litespeed\/avatar\/766019ec1247c2495f1d335b6132fd59.jpg","height":96,"width":96}},"publisher":{"@type":"Organization","name":"AlexanderJLO London Law","logo":{"@type":"ImageObject","@id":"https:\/\/www.london-law.co.uk\/wp-content\/uploads\/2018\/03\/ajlo-logo.png","url":"https:\/\/www.london-law.co.uk\/wp-content\/uploads\/2018\/03\/ajlo-logo.png","width":460,"height":275}},"image":{"@type":"ImageObject","@id":"https:\/\/www.london-law.co.uk\/wp-content\/uploads\/2026\/07\/pexels-gustavo-fring-7489130-scaled.jpeg","url":"https:\/\/www.london-law.co.uk\/wp-content\/uploads\/2026\/07\/pexels-gustavo-fring-7489130-scaled.jpeg","height":1707,"width":2560},"url":"https:\/\/www.london-law.co.uk\/shared-ownership-exeter-guide\/","about":["Conveyancing"],"wordCount":4764,"articleBody":"Introduction: why shared ownership in Exeter works for first time buyersShared ownership gives many first time buyers a realistic route onto the housing ladder in England and Wales. You buy a share of a property, usually between 25% and 75%, and pay a mortgage on that share while paying subsidised rent to a housing association on the remaining share. Shared ownership lowers the deposit you need and reduces monthly outgoings, so you can move into a stable home sooner. Exeter combines strong local employment, excellent transport links and access to coast and countryside, making it a compelling location for people seeking affordability without sacrificing lifestyle. This guide explains how shared ownership functions under the law in England and Wales, sets out the benefits specific to Exeter, and covers local highlights, demographics and average property prices.How shared ownership works under the law in England and WalesLegal framework and tenureShared ownership schemes operate under contract and property law that applies across England and Wales. Providers normally grant you a leasehold interest for a long term, often 999 or 125 years, that sets out your rights and obligations. The housing association retains title to the unsold share and remains landlord for the rented proportion. Solicitors should review the lease to explain repair responsibilities, permitted uses, service charges and any other restrictions.Eligibility and allocation rulesRegistered providers set eligibility criteria that reflect local housing need. They assess household income savings residency and employment status to determine who qualifies. Local connection requirements may apply where councils prioritise applicants with a connection to the city or surrounding areas. Providers also apply national guidance to ensure shared ownership remains targeted at those who cannot access suitable market housing.Mortgage and lender requirementsLenders offer mortgages specifically for shared ownership purchases, but criteria vary. Lenders underwrite affordability based on your income and outgoings and will consider the share you buy rather than the full market price. Some lenders limit the minimum share they will lend on, and others place conditions on lease length. Obtain a mortgage Agreement in Principle early to confirm the lender will accept the scheme and lease terms.Staircasing and valuationStaircasing gives you the right to buy further shares in the property, increasing your ownership and reducing rent. Your lease will set out the valuation method you must follow when staircasing. Typically you commission an independent surveyor to provide a market valuation and then purchase additional shares at that rate. You must budget for valuation fees legal costs and any administration charges the provider applies.Resale, nomination and right of first refusalWhen you sell your share the housing association commonly retains nomination or first refusal rights. The lease will explain the process, which usually requires the provider to market the property or nominate an approved buyer before you can sell on the open market. Your solicitor will guide you through the resale process and the timescales you should expect.Common lease issues to check&#8211; Lease length: Lenders often require a minimum unexpired term; check how many years remain.&#8211; Service charges: Confirm current levels and any planned major works that could produce higher costs.&#8211; Repair obligations: Clarify whether you are responsible for internal repairs only or also for certain external items.&#8211; Alterations and subletting: Check whether you need consent for major changes or temporary leasehold subletting.Ask a specialist solicitor like us to explain unusual clauses and to ensure the lease protects your interests.Main benefits of buying shared ownership in ExeterLower deposit and improved affordabilityShared ownership lets you buy a percentage of a property rather than the whole home. That reduces the deposit you need and makes mortgage repayments lower at the outset. For first time buyers who cannot accumulate a large deposit while paying rent, shared ownership often proves the most realistic route into a well specified home in a desirable area.Faster route onto the property ladderBy reducing upfront costs, shared ownership shortens the time it takes to secure your first home. You avoid further years of renting while continuing the path to full ownership through staircasing. That early move into a stable home helps you build credit history and household stability.Flexibility to increase ownership over timeStaircasing allows you to buy more of the property as your finances improve. Each share you buy reduces the rent you pay and increases your equity. Staircasing gives practical flexibility for life changes such as career progression family growth or access to savings.Security and management support from housing associationsShared ownership grants a secure interest in your home rather than a short term tenancy. Registered providers manage communal areas and handle structural maintenance where specified in the lease. They often provide clear complaints and repairs procedures which gives you more certainty than the private rented sector.Access to modern energy efficient homes and community schemesMany shared ownership units form part of new developments that meet current building regulations for energy efficiency. New homes often carry better insulation modern heating systems and lower running costs than older stock. Developments frequently include community spaces play areas and landscaping that improve local quality of life.Potential for capital growthIf local property values rise your share will normally increase in value. Staircasing increases your exposure to appreciation so buyers who plan long term can benefit from local market gains. When you sell, your share will typically realise a portion of the uplift, subject to the lease and nomination provisions.Why Exeter is an appealing location for shared ownership buyersTransport links and commuting advantagesExeter stands as a key regional centre in Devon with excellent rail and road connections. The mainline railway provides fast links to Bristol London and the Midlands via Weston routes. The M5 motorway lies within comfortable driving distance while Exeter Airport offers flights to UK and European destinations. Commuters who want a balance between urban opportunities and a regional lifestyle often choose Exeter.Strong local employment and educationExeter hosts a diverse local economy that includes public administration retail tourism advanced manufacturing and a growing tech and digital sector. The University of Exeter attracts students staff and academic projects that feed the local economy. Health and education services provide stable employment and support for new residents.Lifestyle benefits and access to countryside and coastExeter sits close to both the north and south Devon coasts and offers easy access to Dartmoor and the rolling Devon countryside. Residents benefit from city facilities such as theatres cinemas restaurants and independent shops while enjoying weekends at beaches rivers and national parks.Varied housing stock and new developmentsExeter offers a variety of housing types from city centre flats to suburban family homes and rural villages within commuting distance. Shared ownership schemes often appear in newly built developments near transport routes and community amenities which suits buyers wanting modern homes and lower maintenance.Local demographic snapshot: who lives in ExeterPopulation profile and age mixExeter combines a youthful demographic driven by its university population with a stable base of families professionals and retirees. The student population increases demand for rental accommodation while professionals and families create demand for owner occupied housing and first time buyer opportunities.Household composition and tenureHouseholds in Exeter include long term owner occupiers private renters and social housing tenants. Shared ownership attracts young professionals first time buyers and small families who want secure tenure with an affordability advantage. The city\u2019s mix of tenures supports a diverse community and a range of local services.Income levels and affordability pressuresAverage incomes in Exeter exceed many rural areas but lag behind larger metropolitan centres. Local wages combined with rising house prices have created affordability pressures for first time buyers. Shared ownership helps bridge the gap by lowering deposit and monthly outlays in the early years.Average property prices in Exeter and surrounding areasMarket overview and trendsProperty prices fluctuate with market conditions so check current local listings during your purchase process. Historically Exeter\u2019s house prices sit above many south west market towns but below some south coast and London commuter markets. Prices vary significantly depending on neighbourhood property type proximity to transport links and school catchments.Indicative average prices by property type&#8211; Flats and apartments: One and two bedroom flats in the city centre or close to the university attract steady demand. Shared ownership flats often form a significant portion of new affordable supply.&#8211; Terraced houses: Traditional terraced homes near the city centre and suburbs attract first time buyers and young families. Prices reflect convenience to amenities and transport.&#8211; Semi detached and detached homes: Larger family homes lie in suburban and rural fringe areas and command higher prices.As a guide you should consult up to date sales data from local estate agents or the Land Registry for precise figures and to compare neighbourhoods within Exeter.Highlights and things to do in ExeterExeter Cathedral and historic city centreExeter Cathedral provides a striking focal point with medieval architecture and regular cultural events. Walk the historic city centre to explore independent shops markets caf\u00e9s and museums that give the city a vibrant local feel.Quayside and canal walksExeter Quay offers riverside walks waterside dining and canoe hire. The combination of caf\u00e9s galleries and peaceful waterside routes suits families couples and visitors who enjoy outdoor leisure within the city.Dartmoor and the Devon countrysideDartmoor National Park lies a short drive from Exeter and offers hiking cycling rock climbing and expansive views. Many residents treat Dartmoor as a weekend playground for outdoor activities and family outings.Beaches and coastal day tripsExeter gives relatively quick access to south Devon beaches such as Exmouth and Dawlish and to north Devon attractions with longer drives. Coastal towns provide surfing sailing and seaside dining options for residents seeking an active coastal lifestyle.Cultural venues and festivalsExeter hosts live music theatre and arts festivals throughout the year. Venues such as the Exeter Phoenix and the Northcott Theatre present contemporary arts local productions and community events that appeal to a wide audience.Markets food and diningLocal markets, independent food producers and a growing restaurant scene make Exeter a food friendly city. Farmers markets and weekly markets showcase regional produce and create social hubs for residents.Family attractions and day tripsAttractions such as the Royal Albert Memorial Museum Crealy Adventure Park and nearby stately homes provide family friendly options. The city sits close to multiple day trip locations that suit growing families and new residents.Practical steps to buy shared ownership in ExeterRegister with local housing associations and providersIdentify registered providers and housing associations active in Exeter and register for shared ownership schemes. Complete application forms provide documentation on income residency and household composition and maintain contact for new developments and resales. Some Housing Associations active in the region include:Abri Abri is a large housing association operating across the south of England, including the South West. It develops, owns and manages a wide mix of affordable, social and shared-ownership homes, alongside market rent and sales. Abri provides tenancy support, community investment and services for vulnerable customers and pursues new-build programmes and neighbourhood regeneration. The organisation emphasises sustainability, resident engagement and financial resilience to deliver long-term housing solutions and local social value.Alliance Homes Alliance Homes is a regional housing provider delivering affordable homes and neighbourhood services across the South West and surrounding areas. It manages social and affordable rented properties, shared ownership and supported housing, offering customer-focused repairs, estate management and welfare support. The association invests in new supply and retrofit programmes to improve energy efficiency and reduce tenants\u2019 costs, and works with partners on place-making initiatives, community development and specialist housing for older and vulnerable residents.Aster GroupAster Group (often referred to as Aster Homes) is a major housing association operating across the South West and southern England. It manages a large portfolio of social and affordable rented homes, shared ownership properties and market-sale housing. The organisation focuses on long-term investment in existing stock, development of new homes and sustainable community building. Aster provides dedicated support for tenants, neighbourhood management and services to help residents maintain their tenancies, while prioritising financial resilience and high-quality customer service.Coastline Housing Coastline Housing operates primarily across coastal and rural communities in the South West, managing social rented and affordable homes and offering specialist supported housing. It focuses on local service delivery, tenancy sustainment and community development, addressing rural isolation and coastal-specific challenges. Coastline invests in home improvements, energy efficiency measures and adaptations to support independent living. The association works with local authorities and voluntary partners to provide homeless prevention, support for older people and opportunities for resident involvement.Curo Curo is a large South West-based housing association providing rented, shared ownership and supported housing across urban and rural communities. It manages diverse housing stock and delivers new-build development, regeneration and retrofit projects to enhance quality and sustainability. Curo offers tenancy support, employment and training initiatives and community programmes aimed at improving neighbourhood resilience. The organisation prioritises resident engagement, financial viability and environmental performance while working with partners to tackle homelessness and housing need locally.GreenSquareAccord GreenSquareAccord is a South West housing association managing social and affordable homes, shared ownership and supported housing services. It delivers repairs, estate management and customer support while investing in new homes and energy-efficiency upgrades. The organisation emphasises community engagement, employment and training opportunities and tailored support for vulnerable tenants. GreenSquareAccord works on neighbourhood regeneration and partnership initiatives to improve client outcomes, sustainability and long-term housing supply in the region.LiveWest LiveWest is a major provider of homes across the South West, operating a large portfolio of social and affordable rented properties plus shared ownership and market housing. It invests heavily in new-build programmes, estate regeneration and improving the energy efficiency of its stock. LiveWest offers tenancy sustainment, employment support and community investment schemes, and focuses on resident involvement in service design. The association aims to balance growth, quality services and environmental improvements to meet regional housing needs.Magna Housing Magna Housing is a regional association active in the South West, offering social and affordable rented homes, shared ownership and supported housing services. It manages maintenance, tenancy support and local community initiatives while pursuing development of new homes and refurbishment projects. Magna emphasises customer service, resident involvement and sustainability, including energy-efficiency upgrades to reduce household costs. Working with local partners, it seeks to address homelessness prevention, specialist housing needs and neighbourhood regeneration priorities.Places for People Places for People is a national provider with a substantial South West presence, owning and managing a broad range of homes across tenures including social rent, affordable rent, shared ownership and market housing. It combines property management with development, regeneration, and leisure or community services via its diversified group. Places for People focuses on placemaking, sustainability, and inclusive growth, delivering large-scale development, retrofit programmes and employment initiatives while providing support services targeted at vulnerable households and neighbourhood improvement.Plymouth Community Homes Plymouth Community Homes is a city-focused housing association managing and improving council-transferred stock in Plymouth and the surrounding area. It provides social rented homes, tenancy support, repairs and neighbourhood services with a strong emphasis on local accountability and resident involvement. The association undertakes regeneration and new-build activity within the city, invests in energy-efficiency and home improvements, and runs initiatives to support employment, health and wellbeing. Its priorities include housing quality, tenancy sustainability and strong community partnerships.Sovereign Network GroupSovereign (now part of larger groups including SNG-related entities) operates across the South West providing social and affordable housing, shared ownership and supported living schemes. It manages extensive stock, delivers development pipelines and invests in retrofit and safety work. Sovereign focuses on customer services, neighbourhood management and preventing homelessness, while offering employment and wellbeing programmes. The organisation seeks to balance scale and local service delivery to meet housing need, improve energy performance and support vulnerable tenants across the region.Stonewater Stonewater is a charitable housing association active in the South West, managing a mixed portfolio of social and affordable homes, supported housing and retirement living. It delivers development, regeneration and asset investment, with a focus on services for older and vulnerable people. Stonewater provides tenancy sustainment, community projects and employment support, and works to improve energy efficiency and accessibility across its homes. The association emphasises quality of service, financial prudence and local partnerships to address regional housing demand.Westward Westward Housing operates primarily in the South West, managing social rented and affordable homes alongside supported housing programmes. It focuses on strong local service delivery, repairs, tenancy support and community engagement, addressing rural and coastal housing challenges. Westward invests in development of new affordable homes, retrofit works to improve efficiency and adaptations for independent living. The organisation works closely with local authorities and voluntary groups to prevent homelessness, support vulnerable residents and strengthen neighbourhood resilience.Keep your eye on portals\u00a0 which list shared ownership properties such as:Share to Buy A leading UK property portal dedicated to affordable homeownership schemes including Shared Ownership and Rent to Buy. It offers a wide selection of shared ownership homes nationwide, along with guides, affordability calculators, and connections to mortgage brokers and legal experts to assist buyers.Home Reach Home Reach is a specific shared ownership scheme platform offering properties where buyers can purchase shares up to 75% and pay rent on the remainder. It features new builds primarily in England, advertises available homes by area, and provides educational webinars on shared ownership.RightmoveThe UK\u2019s largest property portal for sales, aggregating listings from estate agents and new-build developers across the country. Features extensive search filters, market data (sold prices, trends) and tools for buyers and sellers.Zoopla Major UK property site combining estate-agent listings with market insights, price estimates, and local area data. Offers tools for searching homes for sale, comparing prices and contacting agents.OnTheMarketA UK portal that publishes estate-agent listings with a focus on simplicity and timely marketing (many listings appear here 24 hours before other portals). Provides property search and agent contact details for sales. Register your Interest with Local Agents It\u2019s also worth registering with local estate agents. It\u2019s not uncommon for agents to list shared ownership resales. Here\u2019s a list of some of the agents operating in the area, many of whom deal with shared ownership.Bradleys Estate AgentsBradleys is a regional agency serving Exeter, specialising in residential sales, lettings and property management. Known for deep local market knowledge and proactive marketing, the firm offers tailored valuations, professional photography and hands-on client support. It aims to secure timely sales and effective lettings for private sellers and local landlords.ConnellsConnells is a national estate agency group with an Exeter presence, offering residential sales, lettings and mortgage services. The firm combines local branch expertise with central marketing resources, providing valuations, professional photography and broad buyer reach. It targets mainstream sellers and landlords seeking reliable, networked agency support and smooth transactions.Knight FrankKnight Frank is a premium global real estate consultancy with an Exeter office, specialising in high-end residential sales and rural property. The firm offers expert valuation, bespoke marketing strategies and access to an international buyer network. It serves clients seeking professional, high-touch agency support for prestige and country homes.WinkworthWinkworth is a national estate agency network with a branch in Exeter, offering residential sales, lettings and management. The firm focuses on local market insight combined with a wider regional reach, providing personalised service, professional valuations and targeted marketing. It caters to homeowners and landlords looking for professional, consistent results.Strutt &amp; ParkerStrutt &amp; Parker is a national property consultancy with an Exeter office, specialising in residential sales, rural estates and land. The firm provides expert advice, high-quality marketing and strong negotiation skills for premium and country properties. It serves clients looking for specialist, experienced representation in the regional property market.NorthwoodNorthwood is a national estate agency and lettings specialist with an Exeter office. The firm is known for its Guaranteed Rent service for landlords and professional residential sales support. It provides local market expertise, transparent communication and a reliable, service-focused approach for homeowners, investors and tenants across the city.FulfordsFulfords is a long-established regional estate agency with a significant presence in Exeter, offering sales, lettings and mortgage services. Part of a larger network, the firm combines local branch knowledge with broad marketing reach, providing valuations, accompanied viewings and negotiation support for a wide range of buyers and sellers.Naomi J Ryan Estate AgentsNaomi J Ryan is an independent Exeter-based agency specialising in residential sales and lettings. The firm emphasises personalised client care, deep neighbourhood knowledge and bespoke marketing strategies. By focusing on attentive, boutique-style service, they aim to achieve successful outcomes for homeowners and landlords through dedicated, expert and responsive property management.Southgate EstatesSouthgate Estates is a local independent agency serving Exeter with residential sales and lettings. The firm highlights its commitment to customer service, clear communication and effective, tailored marketing. By leveraging strong local connections and a proactive approach, they provide professional support to homeowners and landlords throughout the property process.Martin &amp; CoMartin &amp; Co is a national estate agency and lettings franchise with an Exeter office. The firm specialises in property management, sales and investment advice, offering a structured, professional service for landlords and homeowners. They focus on efficient processes, local market knowledge and reliable support for clients across the city.Amongst the current new build Shared Ownership schemes in the region are:Newcourt Edge in Exeter offers stylish shared ownership homes in a well-connected city location, with modern open-plan layouts, parking and private gardens. It is positioned for easy access to the city centre, schools, shops and transport, making it appealing to buyers wanting a practical home with contemporary design and good everyday convenience.St Leonards Quarter is a centrally placed shared ownership scheme on Topsham Road, bringing apartments and maisonettes to one of Exeter\u2019s most established areas. With views towards the River Exe and a limited number of homes, it combines a city-centre setting with a more residential feel, suited to buyers seeking convenience and a recognisable address.Blakeslee Drive at Oak Park is a LiveWest shared ownership development in a sought-after residential pocket close to Exeter city centre. It offers modern homes with parking and a practical layout, appealing to first-time buyers and movers who want a quiet, well-located base with straightforward access to local amenities and city links.Get mortgage advice and an Agreement in PrincipleSeek specialist mortgage advice from brokers or lenders experienced in shared ownership. Obtain an Agreement in Principle to confirm eligibility and the likely mortgage amount before you make offers or place bids.View properties and request lease documentation earlyArrange viewings and request copies of the draft lease service charge schedules and management plans. Review these documents before you make offers and raise questions with the provider and your solicitor.Instruct a solicitor experienced in shared ownershipUse a conveyancer like us who understands shared ownership leases, staircasing and resale obligations. They will check the lease explain your liabilities and manage exchange and completion.Budget for additional costs and ongoing chargesFactor in legal fees surveyor fees mortgage arrangement fees removal costs and any deposit contributions. Include monthly rent service charges council tax and utilities in your affordability planning.Plan for staircasing and future financesDecide whether you want to staircase and set a timeframe for when you aim to buy additional shares. Consider how wage growth bonuses or savings will affect your ability to staircase and how that will change your monthly costs.Benefits of Using Alexander JLO Solicitors for Shared Ownership ConveyancingWhen it comes to navigating the unique complexities of shared ownership properties, choosing Alexander JLO Solicitors offers a significant advantage. Our specialisation in shared ownership conveyancing means that you benefit from a team of legal experts who understand the nuances of this property type. Unlike traditional home purchases, shared ownership involves specific eligibility criteria, complex legal arrangements, and unique financial considerations. At Alexander JLO Solicitors we excel in guiding clients through these complexities, ensuring that every aspect of the process is handled efficiently and accurately. Our extensive knowledge of current regulations and available government schemes allows them to provide invaluable insights tailored to your individual circumstances. With a focus on client interests, we take the time to explain each step, ensuring you feel informed and confident in your decisions. This expertise helps mitigate risks and can prevent unexpected challenges from arising during the transaction. By choosing Alexander JLO Solicitors, you are not just securing a legal service; you are gaining a partner committed to making your shared ownership journey as smooth and successful as possible and a legal partner for life. Our thorough approach means peace of mind for you as you navigate this important milestone.Common questions first time buyers ask about shared ownershipHow much deposit will I need?Deposit levels depend on the share you buy and your lender\u2019s requirements. Lenders typically require a deposit on the share you purchase rather than on the full market value. Speak to a mortgage adviser to get exact figures based on the property and share you choose.Can I staircase to 100% and own outright?Most leases allow staircasing up to 100% ownership but check the lease for any restrictions. Buying to 100% may convert your tenure to a freehold or a leasehold with no rent payable, depending on the property type and the provider\u2019s rules.Can I make alterations or sublet the property?Leases commonly permit internal decoration and minor non structural works. Major alterations usually require provider consent. Subletting often requires landlord permission and may have restrictions. Read the lease carefully if you plan significant changes or intend to let the property later.What happens when I sell the property?On resale the housing association frequently has nomination or first refusal rights. They may market the property or nominate an approved buyer. Your solicitor will guide you through the sale and the provider\u2019s resale procedures.Risks and limitations to considerLeasehold complexities and long term costsShared ownership commonly involves a leasehold interest with service charges and management arrangements. Some buyers find service charges unpredictable or the lease restrictions limiting. Review lease length service charge history and upcoming works to avoid unexpected costs.Valuation uncertainty for staircasingWhen you staircase you buy at current market value, which could be higher than expected. Budget for valuation fees legal costs and market shifts when planning staircasing.Resale procedures can extend timelinesSelling a shared ownership property can take longer than a conventional sale because of provider procedures. Factor potential delays into any plans that involve moving within tight timeframes.Conclusion: is shared ownership in Exeter right for you?Shared ownership in Exeter gives many first time buyers a practical and affordable path into home ownership. The model reduces upfront costs offers security of tenure and provides options to increase equity through staircasing. Exeter\u2019s transport links employment opportunities cultural life and access to coast and countryside make it an attractive location for those seeking lifestyle and value. Before you commit, obtain specialist mortgage and legal advice, read the lease thoroughly and plan for service charges staircasing and future costs. With careful planning and realistic expectations shared ownership can help you secure a flexible comfortable home in Exeter and take a confident first step on the property ladder.As with any investment decision, when buying a property it\u2019s vital that you do your homework carefully. As well as fully researching the location and market that you are looking to buy in, it\u2019s vital that you seek advice of experts, including surveyors and financial advisors. Alexander JLO, its Partners and employees cannot provide specific advice on choice of location or the market but can advise on all matters legal once you have made a decision to buy a property.If you are looking for a first rate conveyancing service why not give one of Alexander JLO\u2019s specialist property lawyers a call on 020 7537 7000, click on the get a quote button or email quote@london-law.co.uk for a free, no-obligation quotation? Come and see what we can do for you.This blog was prepared by Alexander JLO\u2019s senior partner Matt Johnson on 25th July 2026 and is correct at the date of publication. Matt has many years of experience of dealing with property work and specialises in new build and shared ownership properties.\u00a0 His profile on the independent Review Solicitor website and be found here"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Buying shared ownership in Exeter. A guide for first time buyers","item":"https:\/\/www.london-law.co.uk\/shared-ownership-exeter-guide\/#breadcrumbitem"}]}]