100% Shared Ownership Mortgages

Shared ownership mortgage, no deposit required

We are pleased to confirm that with Share to buy ltd, you can now access a 100% shared ownership mortgage. Rates start from 6.49% with free valuation and £199 application fee. The overall cost for comparison is 6.2% APR. If you can put down a 5% deposit or more, this will provide products with lower interest rates and you should note that some housing associations may insist on a minimum deposit. However, we know that many customers find the option of a 100% mortgage attractive for affordable housing properties. Those with a deposit of at least 5% should submit a no obligation agreement in principle application and we will respond with illustrations of mortgages you could apply for. However, if you specifically want a 100% shared ownership mortgage DO NOT submit an agreement in principle application but read the following 'next steps' as there is a special procedure in place. NB: our mortgage calculator will not work for customers without a deposit, as this is a restricted product.

Next steps for 100% customers

To proceed, in addition to passing standard underwriting, you must have been offered a property and be able to confirm that you have NO adverse credit history. If that is the case please go to our contacts page and use the enquiry form to send us an email with the subject line "100% mortgage". In the body of the email please confirm the following:

• the housing association;
• the address of the property you wish to buy;
• and that you have no adverse credit history.

If you send an email with the above we will check your details and forward your case to the lender. The lender’s advisers will contact you directly and be responsible for providing you with full details of the scheme together with the Key Facts Illustration. No broker fees apply.

About Share to buy ltd – making housing affordable

Share to buy is dedicated to making affordable housing truly accessible online. At sharetobuy.com you can find affordable homes for sale and information on how to buy them. All the shared ownership properties we display come with a special budget tool to show you the potential monthly cost and required deposit. We also have an in-house mortgage team with huge experience in arranging mortgages for shared ownership including part buy part rent and shared equity, as well as joint mortgages for friends and family members. Finally, we are proud to offer our exclusive open market fee-free joint mortgages from Britannia. For all mortgages we arrange, we donate £10 towards helping homeless people. Register below to be kept up to date on our services, or explore our site using the Tools box beneath.

Shared Ownership Case Studies

Shared ownership in Northampton

Shared ownership in Islington, London

Latest News

Shared ownership properties for part buy part rent

14th February 2012

If you are looking for affordable housing to buy, we may have the answer. At sharetobuy.com you can search for shared ownership properties available to buy through the part buy part rent scheme. These are properties generally sold by housing associations where you buy a share starting at 25% and pay an affordable rent on the remainder. Start searching  now.

100% shared ownership mortgages and great 90% open market deals

20th January 2012

We now have access to 100% shared ownership mortgages. Customers can access zero deposit mortgages for part buy part rent but they must have no adverse credit history. More details here. We have also cut our open market 90% exclusive discount rate with no fees or early repayment charges. Read about our 10% deposit option for young professionals and first time buyers.

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Subscribe to our free e-newsletter updates. These include important updates on changes to our exclusive mortgages, as well as general news about the shared ownership market.

Tools

• Search: search for shared ownership properties; search for shared ownership solicitors.
• Calculators: shared ownership mortgage calculator; staircasing calculator; open market calculator.
• Apply: shared ownership mortgages; agreement in principle