Shared Ownership Mortgages and what it means for you
If buying outright isn’t an option, shared ownership can be a fantastic way to get on the property ladder. It allows you to buy an initial share of a home, usually between 25% and 75%, and pay rent on the remaining portion. Over time, you can buy more shares, known as staircasing, until you own the property outright.
At Expert Financial, we’re specialists in shared ownership mortgages and work closely with several local housing associations including BPHA, Accent, and Settle. Our experienced brokers understand the unique requirements of shared ownership schemes and will guide you through every step,from eligibility checks to finding the most suitable lender for your circumstances.
Get in touch today to find out how we can help you purchase your shared ownership home with expert, local advice.
