Shared ownership schemes are a cross between buying and renting and aimed mainly at first-time buyers. You own a share of your home and then rent the part you don't own at a reduced rate.
If you are interested in purchasing a shared ownership property in the Teignbridge area, you will find details of the housing associations in the area which offer the scheme and may have properties available by following this link:
These organisations sell shared ownership homes in Teignbridge (shared-ownership-scheme.service.gov.uk)
Some housing associations also advertise their shared ownership homes on online sites i.e. Rightmove and Zoopla.
More information including how the scheme works and eligibility can be found here:
Shared ownership homes: buying, improving and selling: How shared ownership works - GOV.UK (www.gov.uk)