Shared ownership scheme
BETTER THAN RENTING?
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MORE FIRST TIME BUYERS
More FIRST TIME BUYERS
A mortgage is most likely to be your biggest monthly outgoing, so it is very important to get it right first time.

Association or UK government providing you, the buyer, with the loan which will be part of the deposit for the property purchase. You then take out a shared equity mortgage on part of the property’s value.
With the shared equity schemes, the Housing Association or Builder will provide an equity loan of between 10-25% of the property’s value ‘often interest free for the first 5 years’ this means you only need to have a mortgage of between 75% and 90%. You will have full 100% ownership of your home because you’ll have a smaller mortgage than you would have needed, this makes mortgage repayments lower too.