Shared Ownership

For many, shared ownership is a great way of getting your foot on the housing ladder. Offered on either new homes or available through housing associations on the second-hand market, generally, the shares offered are between 10% and 75% of the property value. In some cases, there is an option to buy a larger share as your income increases or if you want to move you can sell back your share to the next buyer. With shared ownership you buy a share of the property, and pay rent to a landlord on the rest.

When you buy a home through Shared Ownership, you: 

• buy a share between 10% and 75% of the home's full market value
• pay rent to the landlord for the share they own
• usually pay monthly ground rent and service charges, for example towards the maintenance of communal areas.

Our friendly mortgage advisors are experts in shared ownership and the Government Schemes. We take great pride in helping our clients purchase their own homes and would welcome a call to discuss which scheme is suitable for you.

As an approved Help to Buy Broker, we offer:

• Step by step guidance helping you through the Shared Ownership process
• Free meeting with qualified broker to submit Shared Ownership application
• Personal Administrator who will keep you updated on the progress of your application
• Exclusive mortgage deals for shared ownership applicants not available on the high street

For further information see: https://www.helptobuy.gov.uk/shared-ownership/