Shared Ownership Mortgage Providers

The Government has begun to introduce a number of schemes in order to offer people the chance to get onto the property ladder, such as the shared ownership mortgage. Providers offer finance on a part buy/part rent scheme however, before shared ownership mortgage providers accept you, you may have to satisfy certain criteria such as:

The scheme you opt for must be through a registered social landlord
The lease must contain an adequate mortgagee protection clause which protects the shared mortgage ownership provider in the event you miss your repayments and fall into arrears or even if you face repossession.
The initial share purchased must usually be at least 25%

There is plenty of help available but it is always a good idea to get a number of quotes before making a decision. Fill in our FREE mortgage quotes form, and an experienced advisor will contact you with details of the best options for your personal circumstances, as well as taking you though all the possible choices you have.

Initial Rate	Type	Period To	Provider	The Overall Cost For Comparison APR	LTV
3.99%	Fixed	Jan 2010	Woolwich (Barclays)	5.00%	60%	More
3.99%	Fixed	Jan 2010	Northern Rock	6.00%	65%	More
4.39%	Standard	Jan 2011	Cheltenham & Gloucester	5.00%	75%	More
4.39%	Standard	Jan 2011	Lloyds TSB Scotland	5.00%	75%	More
4.49%	Fixed	Dec 2010	Alliance & Leicester	7.00%	60%	More
4.69%	Buy To Let		The Mortgage Works	6.00%	70%	More
4.79%	Discount	Nov 2010	Progressive Building Society	6.00%	60%	More