Shared Ownership Mortgage Schemes

Latest Deal - NatWest 2 Year FIXED »

Call FREE - 0800 158 2934 

1.41%Reverts to 3.75% after 2 years
  • 2 Year Fixed - 60% LTV Deal
  • Call FREE - 0800 158 2934


Overall Cost for Comparison 3.50% APRC. This is the cost of the mortgage over the full term. Early redemption charges may apply.

Provider

Type

Initial Interest Rate

Initial Term

Max LTV*Product Fee 
Fixed
Shared Ownership

2.63%

Reverts to 3.75%

2

Years

75%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 3.690% APRC. This is the cost of the mortgage over the full term.
Fixed
Shared Ownership

2.63%

Reverts to 3.75%

2

Years

75%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 3.90% APRC. This is the cost of the mortgage over the full term.

Representative Example:


A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.


The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).


In this example the overall cost for comparison is 3.7% APRC representative.


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Shared Ownership Mortgage Schemes

Thanks to UK house prices and tightening lending criteria, it is harder than ever to get onto the property ladder. Shared ownership mortgage schemes are one way of helping first time buyers get their own property, by purchasing part of the property, while a mortgage lender buys the rest. Features of shared ownership mortgages schemes include:

  • Help fist time buyers to get on the property ladder
  • You still need a deposit even though you're only purchasing part of the property
  • The split is usually 50-50 but you need to agree to purchase as least 25%

Click below to fill in our FREE mortgage comparison calculator, or click the link above and an experienced advisor will contact you with help and advice about any shared ownership mortgage schemes which are currently available:

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker