The Mortgage Shop Shared Ownership Mortgages

Shared Ownership Mortgages

Making it Easier to Buy Your First Property

FREEPHONE us 7 days a week on 0800 092 0800 for shared ownership mortgages

Mortgages for Shared Ownership Property Purchases, DIYSO (do it yourself shared ownership) Mortgage, Shared Appreciation Mortgage, Low Cost Housing Mortgages call them what you like they are all basically the same deal with or without a few bells and whistles. Put simply they allow you to buy a larger property than you maybe could usually afford by sharing the ownership with another party, normally a Local Authority or Housing Association but many other types of companies now use shared ownership to provide affordable housing. We are pleased to have been involved in shared ownership mortgages since the nineties and have a wealth of experience in obtaining the right funding for the general public even with no proof of income or bad debts.

The government has been slowly pushing these schemes out into the open and is now totally committed to assisting and helping people to be able to purchase properties in an ever increasing market. These schemes are ideal to allow you to purchase either property built specifically for shared ownership or for people who need to purchase any property on the market through any estate agent. We have the expertise to be able to assist you and look forward to receiving your no obligation enquiry for a shared ownership mortgage.

The right shared ownership mortgages can be difficult to find on the High Street however at least 35 big banks and building societies offer them some even with previous adverse bad credit. If you need help with no fees or commitment just call us 7 days a week well even pay for the call on freephone 0800 092 0800.

Obtaining shared ownership mortgage funding on such deals isn't quite as straight forward than with standard purchases this is due to some lenders not lending on such ventures however with the help of an Independent Adviser who specialises in shared mortgages you will be able to see quite clearly the wide range of deals available. We are one of these companies and have a track record of arranging funds for clients on shared ownership mortgages with social landlords dating back to 1990 when they were few and far between. We realise that not all clients circumstances are the same and some need an extra hand in the early years of first purchasing a property, that is why we make sure that we offer the full range of products available in the UK shared mortgage market for such events.

Once you have made that initial percentage purchase on a shared ownership mortgage it is recommended that you attempt to purchase further shares in the property as soon as you can comfortably afford to do so, this is to maximise on any increase that the property market might be encountering at that time. We always recommend you read the full terms & conditions and small print on such arrangements and seek qualified legal or conveyancing advice, we are also always happy to assist in providing outline information to you. FREEPHONE us on 0800 092 0800.