Britannia Building Society

Notting Hill Housing

Shared Ownership Mortgage Tools

• Shared Ownership mortgage calculator – see how much you could borrow on a shared ownership mortgage. A basic estimate, ideal for those starting out from scratch.
• Shared Ownership mortgage illustration – you submit brief details for each applicant and a member of our team will reply with an estimate of your mortgage potential and an approximate indication of the monthly cost.
• Shared Ownership mortgage agreement in principle – if you have been offered a property by a housing association you will need to obtain an agreement in principle to prove you can obtain a mortgage, and if you are successful you can then apply in full to purchase the property. The way it works is that you provide your personal information (address history, credit commitments etc) and we respond with detailed illustrations for a choice of mortgage products. If you like one of the products, you can then request a credit check from the lender confirming whether they would agree in principle to lend you that amount, subject to valuation and income verification. There is no charge and it's not binding on your or the lender so even if you pass a credit check you are not obliged to apply to that lender.

General information about shared ownership

• Shared Ownership house buying process – read our guide to buying a property with a shared ownership mortgage.
• Staircasing and Shared Ownership remortgages – if you are looking to staircase (i.e. buy further shares in the property), remortgage your current shared ownership/homebuy deal – or both – we have significant experience in this area. Due to the fact that we are a whole of the market broker we can also arrange an open market mortgage if you are looking to staircase to buy 100% of the property. As always, there is no fee charged.
• Shared Ownership solicitors - click here for information on solicitors with experience of shared ownership mortgages.