Co-Ownership has marked two milestones in Northern Ireland, supporting over 9,000 people into homeownership in the past decade and surpassing £1bn in property value for homes bought through its scheme since 2015.
This update coincided with the launch of the 2024/25 Social Impact Report, which detailed support for buyers who might otherwise struggle to get on the property ladder.
Mark Graham (pictured, right), CEO at Co-Ownership, said: “We’re proud to have played a part in helping start over 9,000 home ownership journeys across Northern Ireland and to have helped unlock over £1 billion in property value in the process. These aren’t just statistics.
“They’re people who’ve moved out of private renting, found stability after a relationship breakdown, or given their family a home to call their own.
“This year’s Social Impact Report brings those stories to life. It shows that shared ownership is more than just a housing product.”
Research found 886 homes were bought through Co-Own and Co-Own for Over 55s this year.
Half of buyers secured a home without a deposit, and 91% were first-time buyers (FTBs).
Among customers, 85% said their health and wellbeing improved and 94% felt more independent after moving.
Nearly nine in 10 would still be renting or living with family or friends if Co-Ownership hadn’t been an option.
Communities Minister Gordon Lyons (pictured, centre) welcomed the news.
Lyons said: “Co-Ownership continues to play a vital role in helping people achieve their dream of homeownership.
“At a time when affordability remains a real challenge, their work has helped thousands of people put down roots in the communities they care about.
“I welcome the publication of this year’s Social Impact Report and congratulate Co-Ownership on reaching this significant milestone.”
Lyons added: “Their work continues to align with my Department’s commitment to supporting people to live well and independently in safe, secure homes.”
