Property Ownership Plan A proposed ownership route

Property Ownership Plan  ·  A proposed affordable home-ownership route

Where your rent
is your deposit

The Property Ownership Plan is a proposed route into home ownership where every monthly payment you make is treated as part of the deposit for the home you intend to buy.

A new affordable home-ownership product: a supported, three-year route from renting into full ownership — designed around a clear path to owning 100% of your home, rather than an indefinite part-rent, part-own arrangement.

See how it works Try the POP calculator

The problem

The deposit barrier

Many people can afford the monthly cost of owning a home, but cannot save a deposit while they are also paying rent.

POP is built for that gap. It is a proposed route into home ownership for people whose main barrier is the deposit rather than the monthly mortgage — customers who can afford the monthly cost of ownership, but cannot build a deposit while renting elsewhere.

Unlike Shared Ownership, you do not buy only part of the home and pay rent on the rest. The intended outcome is that you buy 100% of the home at the end of the POP period.

How POP works

You move in, your payments build the deposit, you buy the home

You move into the home you intend to buy. Your monthly payments build the deposit for that same home. After three years, you buy it outright with a conventional mortgage.

  1. Move in

    You move into the home you intend to buy under a POP agreement, with owner-like repair and maintenance responsibilities rather than a standard tenancy.

  2. Pay for three years

    Each month you pay an agreed amount into a protected account. Over three years this builds a 15% deposit for that same home; any interest earned is added to your balance.

  3. Your deposit is built

    At the end of the three years, the accumulated balance is your deposit — in the worked example, £37,500 on a £250,000 home.

  4. Buy with a mortgage

    You use the balance as your deposit and complete the purchase of the whole home with a conventional mortgage for the remainder.

Not ready to buy at year three? The accumulated balance is treated as rent, and you choose whether to begin another POP cycle or move out — rather than being required to give up the home at the end of the term.

  • Every payment counts

    All of your monthly payments build towards your deposit, rather than being ordinary rent only.

  • Held in a protected account

    Your deposit is held in a protected, ring-fenced account — not treated as the provider's day-to-day income.

  • Interest belongs to you

    Any interest earned on the balance during the term is added to your deposit at completion.

  • You buy the whole home

    You buy 100% of the home at completion, rather than gradually buying extra shares over time.

Illustrative example

How the numbers work on a £250,000 home

Home selected

£250,000

Deposit target · 15%

£37,500

POP period

3 years

Monthly payment

c. £1,042

At completion, the £37,500 deposit is used with a conventional mortgage to buy the same home. See the full worked example for buyers →

Explore POP

Two ways in

Choose the track that fits you. Each opens as its own page you can read or forward on its own.

For government & housing providers

The strategic case: capital recycling, grant recyclability against Shared Ownership, and what would be needed to pilot POP.

Read the policy case

For prospective buyers

A plain-English guide to how POP would work for you, with the worked example, who it's for, and what happens if you're not ready.

See what it means for you