Older Person's Shared Ownership (OPSO)

What is OPSO?

The Older Person's Shared Ownership (OPSO) scheme is a government-backed initiative that is designed to help people aged 55 or over to purchase a home.

This scheme is a part of the Shared Ownership model and is aimed at making homeownership more affordable for those who are in their later years. OPSO is only available where specifically advertised, and on select developments. It is not automatically available where shared ownership is advertised.

A flexible way to own your own home

The OPSO scheme provides a flexible and affordable way for people to own their own home. 

Under this scheme, individuals can purchase between 10% and 75% of the home's open market value, paying no rent on the remaining share when you purchase 75%. This means that you only need to secure a mortgage for the percentage of the property that you are purchasing, making it a more affordable option for those looking to own their dream home. 

This scheme is a great way to get on the property ladder and own your own home in a location that suits your lifestyle. It is a flexible scheme that allows you to increase your share in the property over time, as and when you can afford to do so. 

Next steps

If you're interested in learning more about OPSO or owning a home through this scheme, please get in touch with our local sales team at We are committed to providing you with the highest quality of service and look forward to hearing from you soon.