| Shared Ownership Properties | Shared Ownership Mortgages | Getting Started |
In association with:
Best Buy Low-Deposit Mortgages
Exclusive products and market-leading rates
At Share to buy we have access to low deposit mortgages from across the market plus a range of exclusive and semi-exclusive products. By ‘low cost mortgages’ or ‘low fee mortgage’ we mean a product requiring only a 10% deposit on the open market (i.e. where you purchase 100% of a property), or as little as 5% for a shared ownership or shared equity purchase. Specifically, we offer a very competitive open market mortgage for graduates taking out a joint mortgage with a 10% deposit - all our current 90% graduate exclusives come with NO up front fees!
Search for shared ownership mortgages
To find low-deposit mortgages available for part buy part rent scheme, you can now search using our brand new shared ownership price comparison site. This includes 5% and 10% deposit shared ownership mortgages.
Shared Ownership Case Studies
Latest News
Shared ownership properties for sale
16th May 2012
Are you looking for properties for sale through the shared ownership scheme? These are homes where you part buy part rent, meaning that your initial deposit and potentially your monthly payments are somewhat lower than in a normal house purchase. Look no further! We have shared ownership houses and flats available on the part buy scheme across England. Search our property portal or register for alerts.
Firstbuy shared equity houses in Greater Manchester
16th March 2012
This is your chance to buy a share in a brand new 2, 3 or even 4 bedroom house and yet own the whole thing from the outset. These lovely houses in Hyde, Manchester are available on the Firstbuy scheme, a Government sponsored shared equity affordable housing scheme that means you can put down a deposit starting from as little as £5,600. More detail here on the 2 bed house, 3 bed house and 4 bed house.
Tools
- Search: search for shared ownership properties; search for shared ownership mortgages; search for shared ownership solicitors.
- Calculators: shared ownership mortgage calculator; staircasing calculator; open market calculator.
- Apply: shared ownership mortgages; agreement in principle
Certain restrictions apply to the above products. Low deposit mortgages are not necessarily restricted to first time buyers but the shared ownership scheme often is. The 90% low-fee mortgage shown above is not restricted to first time buyers but does require the applicants to be graduates or professional. The 90% open market deal is available UK wide but other low deposit mortgages shown are not UK wide and may be restricted to England for shared ownership schemes. Other restrictions apply.
Low cost mortgages UK
The main affordable housing schemes where ownership of a property is involved are referred to as ‘Low Cost Home Ownership’. This is not because the mortgage is necessarily a ‘low cost mortgage’. Rather, the scheme as a whole is seen as low cost because of the much lower deposit and the fact that any rent charged on the unowned equity in a part-buy part-rent scheme will be subsidised below market rent. In fact, the most competitive mortgage products, and those most befitting the title ‘low cost home mortgage’, will generally be available for larger deposits of 25%+. In the UK, low cost mortgages with a low deposit are most likely to be available on shared equity schemes (such as FirstBuy) where customers putting down a 5% deposit can potentially access low deposit mortgages usually available for a 25% deposit. This is due to the way the share and loan to value are calculated with a shared equity purchase. Contact us for further information on low cost mortgages and low- fee mortgages.
