In a nutshell:
Shared Ownership schemes are offered by social Housing Associations (or other Registered Providers) where you (typically) choose one of their new-build homes, buy part of it with a mortgage from a bank, and rent the rest of it from the Housing Association.
StrideUp offers Home Purchase Plans which is a type of home finance. We don’t build homes or have any properties for you to choose from. Rather you pick the home you love from the open market and we help you buy it.
There are pros and cons of using a traditional Shared Ownership scheme and you can find out more about it here.
Your home may be repossessed if you do not keep up the payments on your home purchase plan.