Shared ownership is a great way for first time buyers to get on the property ladder. Homes are sold as leasehold properties on shared ownership terms, it can be a house or a flat. The minimum share you can buy on a shared ownership deal is 25 percent, and 75 percent is the maximum, normally.
You will need to speak to one of our advisers to arrange a mortgage for the share you want to buy, and you pay rent on the share you don’t own. Rents are calculated in a manner that makes them affordable.
As time moves on you can buy a bigger share until own all of the property.
Shared Ownership Mortgage, Enquiry Form
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SHARED OWNERSHIP MORTGAGE