| Shared Ownership Properties | Shared Ownership Mortgages | Getting Started |
In association with:
Staircasing and shared ownership remortgages
Staircasing mortgages and shared ownership remortgages – whole of market choice
At Share to buy, we can arrange a Shared Ownership remortgage for you, and have access to a wide range of Shared Ownership and homebuy mortgage lenders. This also includes shared ownership remortgages with staircasing (i.e. buying additional shares in the property). If you are looking to staircase right up to 100% ownership, depending on your circumstances you should have a choice of products from the whole mortgage market, not just shared ownership providers. Moreover, because we offer both shared ownership and outright purchase mortgages from the whole of the market, we are well placed to assist with shared ownership staircasing to full ownership. Just remember that if you are looking to staircase as part of your remortgage you will only be able to apply once you have had a valuation conducted on your property in conjunction with the housing association.
Staircasing calculator
For most customers, staircasing is likely to involve a new, larger mortgage. Since 100% mortgages are generally not available, we have constructed a staircasing calculator which helps you to find out if you are likely to have enough equity in your home to purchase your desired share, and also provides an estimate of how much the new mortgage might cost. For those who are just commencing their research we suggest you start by using the staircasing calculator, or read on if you wish to make an application or read on if you wish to make an application for staircasing mortgages. The Share to Buy website aims to provide the latest comprehensive information on staircasing and shared ownership remortgages.
Our broker fees
In the overwhelming majority of shared ownership remortgage applications, whether with staircasing or not, we do not charge any brokers' fees, and there is never a fee for submitting an agreement in principle application. For full applications, there is a £149 fee for all applications where the loan is less than £50,000.
Proceeding with your shared ownership remortgage
Ideally, if your application is a straight remortgage (i.e. new shared ownership deal with no staircasing) or if you are staircasing as well and have already had your housing association valuation, you are in a position to get moving straight away and should submit a no-obligation agreement in principle application. Please take care to provide further information about your case in the notes section, particularly if you are staircasing. In particular, in the question 'what type of mortgage are you looking for', please write 'staircasing'.
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
Compare mortgages
Compare shared ownership mortgages for the part buy part rent scheme.
