If you are looking to buy your own home, at Newport City Homes we have two options available:

  • Rent to own Wales
  • Shared ownership

Rent to Own Wales

The Rent to Own Wales scheme is also supported by the Welsh Government.

Rent to Own Wales helps people who do not have enough money for a mortgage deposit. The scheme means that you can put part of your rent payment towards a deposit each month.

Find out more about the Rent to Own Wales scheme on the Welsh Government website.

Shared ownership

The Shared Ownership Scheme is supported by the Welsh Government. It gives you the chance to pay for a percentage share of a property and pay rent on the remaining percentage.

You then have the option of buying more shares up to full ownership - this is known as 'staircasing'.

All applicants for shared ownership must be registered with Home Options Newport.


Most leases allow staircasing. If you want to staircase, get in touch with us. 

The basic steps are:

  1. We’ll check your lease and confirm if you can staircase – we’ll send you an application form to complete.
  2. We’ll arrange for a surveyor to value your property to find out its current value – you will need to pay for this valuation.
  3. We’ll confirm in writing how much further shares will cost and you can decide if you want to go ahead.
  4. If you do want to go ahead, you will need to instruct a solicitor and let us know who they are.
  5. Our solicitor will liaise with your solicitor to complete the legal process.

Things to consider

  • Before you start the process, consider how you will pay for the additional shares. You may have a lump sum or plan on taking out further mortgage borrowing.
  • The price of further shares is based on the current value of your property not the value when you originally purchased it, eg if the current value is £200,000, the price for buying a further 50% would be £100,000. 
  • If you’ve carried out home improvements that we have approved and that have added value to your property, this added value will be disregarded in the valuation.
  • You will need to have funds to cover the cost of the valuation, your solicitor fees and any mortgage lender fees – as well as the actual price of the further shares.
  • Once your staircasing has completed, the amount of rent you pay will go down or stop all together if you staircase up to full ownership.
  • If you live in a house, you will usually be able to acquire the Freehold once you’ve staircased up to full ownership. If you live in a flat, you will always have a lease after your staircase and there will be ongoing service charges payable.

Get in touch to start the staircasing process by emailing commercial@newportcityhomes.com or complete the general enquiry form.

Find a home to own

Take a look at the properties currently available by clicking on one of the tiles below. Or  sign-up to receive our property updates. 

All applicants must have an active Home Options Newport account at the time of application. If you are not currently registered you can do so on the website 


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Sign-up for property updates

Complete this form to let us know what types of properties you’re interested in, and we’ll email you the details of suitable options, when they become available.