Compare Shared Ownership Mortgages
You will repay your part of the mortgage while also paying rent on the other half owned by the mortgage lender. Shared ownership mortgages can be valuable to those home buyers who cannot afford to buy properties outright, such as first time buyers who are trying to get a step onto the housing market.
However, just because you are only borrowing 50% of the property's value does not mean that you will not have to pay a deposit, as lenders will still require one. Use the tables above to compare the latest shared ownershipmortgage offers.
If you need independent mortgage advice on your options when considering a shared ownership mortgage call our mortgage team on 0117 332 6063.