Buying a Home of Your Own

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Stepping onto the property ladder

Struggling to get on the first rung? Can’t afford to buy a property outright in the Monmouthshire area?  Sound familiar? … we can help you.

We are delighted to be able to offer people unable to afford to buy a home outright on the open market, the opportunity to buy a new property through the Welsh Assembly Government’s popular ‘Homebuy’ scheme, also known as ‘shared equity’.


So how does shared equity work?

Shared equity tends to be mainly available on new Capsel developments (our trading company), so keep an eye on our website (coming soon) to see what we are selling and what is in the pipeline.

Purchasers can obtain a mortgage for as little as 50%, up to a max of 70% of the total value of a property, although it depends on what you can afford.  We will then loan you the remaining percentage to buy the property. 

Here’s the simple maths …


  • House value                                     £150,000
  • To purchase a 50% equity share      £75,000                   
  • To purchase a 70% equity share      £105,000

With shared equity there is no monthly rent to be paid (not to be confused with shared ownership), this means your monthly payments are substantially less than if you bought the property outright.

The property will be 100% in your ownership, you just pay the loan back, based on the value of your property at the time of resale.

Getting on the property ladder continues to be a massive problem in the Monmouthshire CC area, so the shared equity scheme is a really affordable way to take that initial step, which is why it’s so popular.

You will need to pass eligibility and affordability assessments and be able to obtain a mortgage.


I have seen a property I like, so what do I do next?

  • Firstly you need to register on the Homesearch register here (not the usual way to buy a home we know, but it will only take 5 minutes of your time).
  • After this, we suggest you log in regularly to see the properties available and new developments coming.  You can then express your interest in a property by pressing the ‘bid’ button on the advert.
  • Have a look at our useful checklist here which explains the various steps to buying a home through Homebuy. 

We also advertise our homes on social media, so make sure you follow us on @CapselLtd and @CapselWales !

If you have any questions about how the scheme works, or are interested in a property, please give Sarah or Hayley in Capsel a call on 0333 207 9000.


Existing Monmouthshire Housing Association (MHA)Tenants

If you are an existing MHA tenant, and live in a property built after 2008, and would like to find out if you are eligible to buy your home under the Homebuy scheme, please email for further information.

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