Shared Equity Mortgages   Adverse Credit Shared Equity
Up to 100% available on Home Buy and builder shared equity

Mortgages for Shared equity, Home Buy, My Choice Home Buy, New Build Home buy, Rent to Buy, Mortgages for affordable housing  Adverse credit mortgages for shared equity also available

Purchasers

We can help you with a mortgage of up to 95% of share on private shared equity (builders) and 95% on Home Buy Direct property schemes. The latest shared equity schemes from housing associations allow you to purchase between 25% and 80% of the property with the balance either as a no interest or low interest loan, repayable when you sell the property. From our experience most shared equity, home buy and rent to buy are on 50/50. Unlike shared ownership no rent is payable but in My Choice Home Buy you will be charged a monthly fee. Please note My Choice Home-buy and Home-buy Direct do not allow adverse credit mortgages.

All of the above schemes require you to be approved by the housing association or home buy agency (also housing associations) but we can provide you with a decision in principle so that you can let them know you can get a mortgage.

Owners wishing to remortgage

We can arrange a remortgage for you for almost any reason, including debt consolidation. In fact for shared equity applications capital raising to release funds is becoming very popular. We can actually arrange up to 90% of your share. Usually you do not have to have approval from your housing association to remortgage in shared equity but it is worth checking first. Approval is not required on private shared equity.

Useful information

 We have over 10 years experience in arranging this type of mortgage and we carry out an affordability assessment as a routine process before we quote.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

SHARED EQUITY MORTGAGE SCHEMES