Shared Ownership

shared ownership House prices have risen considerably over recent years meaning it can be increasingly difficult to get on the property ladder.

Shared ownership is therefore a great option to consider as it allows you to purchase just a part share of a
property – typically 25% to 75%.

This means you only have to have a mortgage on the share of the property you buy which could make it more affordable.

Whilst each shared ownership scheme is different, you are usually allowed to purchase more of the property
as time goes by. As such, whilst you may only initially own 25%, you could add to this, ultimately owning 75% or even all of it.

It is important to remember that you will usually have to pay rent on the share of the property which you don’t own.

If you want to know more about your options with shared ownership, please get in touch.

Want to know more?

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Calculate your monthly repayments.

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Your home may be repossessed if you do not keep up repayments on your mortgage.

Sherwood Financial Solutions Limited t/a equate. Registered office address The Turbine, Coach Close, Worksop, Nottinghamshire, S81 8AP.
Registered in England. No: 05038055
Tel: 0800 0380098 • info@equatemortgages.co.uk
equate is a trading style of Sherwood Financial Solutions Ltd, an Appointed Representative of H L Partnership Ltd. which is authorised and regulated by the Financial Services Authority. H L Partnership Ltd. is entered on the FSA register (http://www.fsa.gov.uk) under reference 303397.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
There may be a fee for mortgage advice, the precise amount will depend upon your circumstances. This will typically be 0.3% of the mortgage.