Instead of buying outright, you purchase a share (usually 50% or more) and pay rent on the rest. It lowers your deposit and monthly mortgage payments, making homeownership accessible sooner. Over time, you can increase your share of ownership. However, it means ongoing rent payments alongside your mortgage. It's ideal if you want to step onto the property ladder sooner without a large deposit. Talking to an adviser who specialises in Co-Ownership schemes can help clarify whether it’s the right choice for you.