The Help to Buy and Shared Ownership Government Schemes were introduced to help both first time buyers and previous home owners to get onto the housing ladder. The schemes provide much-needed additional financial assistance for the home buyer struggling to find sufficient deposit for their purchase.
The shared ownership and Help to Buy schemes are only available through recognised and authorised agents. Mortgage Required is delighted to announce that we are now able to offer our clients mortgages for both schemes as approved Help to Buy mortgage advisers.
The eligibility criteria for each scheme varies but in simple terms, if you have owned a property before (which you have now sold) or you’re a first time buyer, then one of these schemes might well be for you. If you are looking for a Help to Buy Loan you’ll need a minimum deposit of 5%.
If the home you want to buy is too expensive to afford outright, you might consider buying a part of the home through the Government’s shared ownership programme. Unlike the Help to Buy equity loan scheme, the shared ownership scheme is not limited to qualifying new build homes and it is open to home buyers with a joint household income of up to £80,000 outside London and £90,000 inside London.
If you are over 55 don’t worry, there is now a shared ownership scheme for you too. Unlike the general shared ownership scheme which requires the buyer to pay a rent on the part of the home that isn’t theirs, the Older People’s Shared Ownership Scheme offers buyers a rent free option on that element of their home!
For more details on the various Government Schemes available through Mortgage Required contact us or speak to a mortgage adviser on 01628 507477.
Related Articles:
Related Products:
Download our Free First Time Buyers Guide
Recent posts
UK Housing Market Round-Up: 2025
13 days ago
Property search site Zoopla has estimated that the UK housing market will end 2025 with approximately 1.15 million completed sales – 4.5% more than the previous year.
Take a look at the 2025 summary of the UK housing market.
Best UK Mortgage Rates this Week
13 days ago
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Buying in the New Year
14 days ago
If buying your first property, or moving home, is on your to-do list this year, the new year can be a great time to take this big step. In this short blog, we look at what you need to consider as you plan and prepare for your home-buying journey.
Just because the Bank of England decides to reduce the base rate, this doesn't automatically mean that your mortgage rate will go down.
Autumn Budget 2025: A Summary
26 Nov 2025
Chancellor, Rachel Reeves, has delivered the Autumn 2025 budget. We have summarised the government's plans for tax and spending.
Renters' Rights Act
14 Nov 2025
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
A welcome change in school is coming as financial literacy is due to become compulsory in schools in England.
The Government has announced that as part of the new national curriculum, children in primary and secondary education will be required to learn about budgeting, compound interest, managing money, and mortgages.
The top 10 most beautiful villages in the world
24 Oct 2025
Forbes has published a global ranking of stunning locations and one popular picturesque corner of the UK has nabbed top spot.
More information
Trusted by
