Shared Ownership
An affordable option to get your foot on the property ladder
If you can’t afford to buy 100% of a home, shared ownership offers you the opportunity to buy a share of your home and pay rent on the remaining share. Many shared ownership schemes offer you the opportunity to increase your share of the property at a later date. We can let you know what your options are and get your feet on the housing ladder. Not all lenders offer shared ownership mortgages, using a mortgage broker will help navigate the right options available to you.
Your home may be repossessed if you do not keep up repayments on your mortgage
Our fees
The fee for arranging a mortgage is £500 but the cost for our initial meeting is met by us.
Our fee is split into 2 payments, £200 on submission of an application and £300 payable once a mortgage offer has been issued.
Under certain circumstances, we reserve the right to charge up to 1% of the loan amount, typically this will be £500. We will provide you with written confirmation of your fee prior to the commencement of any chargeable activity.