Shared Ownership Mortgage
Introduction to Shared Ownership Mortgages
If you are looking for a shared ownership mortgage we would be delighted to assist. At share to buy, you can obtain a shared ownership mortgage confident that you are dealing with a company that understands this unique part of the property market. We can search the market for you and have tools on our website such as our shared ownership mortgage calculator.
Use our shared ownership mortgage calculator to get an idea of how much you might be able to borrow and the potential cost of a shared ownership mortgage.
Your shared ownership mortgage options
- Search for shared ownership properties.
- Try our shared ownership mortgage calculator for part buy part rent mortgages.
- Read about how to buy a shared ownership property.
- Submit an agreement in principle. A decision in principle is an agreement from a lender to advance you a set amount for a loan, and many housing associations will require this as evidence that you can obtain a shared ownership mortgage.
What deposit do I need for a shared ownership mortgage?
You generally need to put down a deposit of for a shared ownership mortgage but at present sharetobuy.com have competitive schemes that will accept a 5% deposit and even 100% shared ownership mortgages for new build houses with a minimum share of 40% (but lending criteria is restricted). Our shared ownership mortgage calculator for part buy part rent mortgages can be used to find the minimum deposit you need to put down at any time.
Can I apply for a shared ownership mortgage with adverse credit?
In theory, yes; in practice, it is almost impossible to obtain a shared ownership mortgage with adverse credit.
Latest News
100% shared ownership mortgages and great 90% open market deals
20th January 2012
We now have access to 100% shared ownership mortgages. Customers can access zero deposit mortgages for part buy part rent but they must have no adverse credit history. More details here. We have also cut our open market 90% exclusive discount rate with no fees or early repayment charges. Read about our 10% deposit option for young professionals and first time buyers.
Shared ownership 2012
9th January 2012
We look forward to an exciting year for first time buyers in 2012. At Share to buy, we are optimistic that 2012 will bring new products and opportunities in shared ownership and affordable housing. As always, we will reguarly be adding properties tn our shared ownership property website. We also hope to bring forward exciting new mortgages for part buy part rent and open market first time buyer 90% mortgages.
For more information go to the share to buy home page.
Tools
- Search: search for shared ownership properties; search for shared ownership solicitors.
- Calculators: shared ownership mortgage calculator; open market calculator.
- Apply: shared ownership mortgages; agreement in principle
