Our Graduate Network mortgages
If you have previously taken out a mortgage via Share to Buy ltd from our range of graduate mortgages provided in association with either Britannia or Co-op Bank, we can confirm that there we are no longer arranging mortgages of this type for new customers. However, if you are an existing customer who already has such a mortgage, we continue to offer advice should you wish to consider your options around re-mortgaging or buying a new home. Please contact us to explore further.
19th March 2017
Saturday 18th March saw over 4,400 attendees to London’s No.1 event for first time buyers, the London Home Show Spring 2017.
With 47 exhibitors under one roof, the event offered attendees the opportunity to speak to the biggest names in the first time buyer sector, including housing providers, financial advisors, legal experts and more. Attendees could register their interest in the properties and services on offer from exhibitors, and thousands of leads were generated over the course of the day.
15th March 2017
This guest blog comes from Southern Home Ownership, sponsors of the London Home Show Spring 2017.
Southern Home Ownership is part of Southern Housing Group; one of southern England's largest housing associations, with a growing portfolio of over 26,000 homes across London and the South East. We’ve been helping buyers onto the property ladder for over 30 years, making home ownership a reality for more than 4000 households.
15th March 2017
Our latest guest blog comes from L&Q, sponsors of the London Home Show Spring 2017. The blog, by L&Q Regional Sales Director, Lucy Chitty, looks at L&Q's new Shared Ownership awareness campaign, PricedIn Living.
14th March 2017
Millennials in the UK will spend an average of £53,000 in rent by the time they turn 30, according to a report by the Resolution Foundation. With many young people unable to buy their own property as they are paying so much in rent, increasing numbers are choosing to live with parents while they save. For those without this option, Shared Ownership offers an alternative, allowing purchasers to get on the ladder with a much smaller deposit.
More information on graduate mortgages
There is no such thing as ‘graduate mortgage lenders’ but over the years various lenders, such as Scottish Widows Bank, have targeted people leaving university. This is common practice in other areas of financial services such as current accounts and particularly in recruitment where graduate-specialist firms are common. Share to Buy ltd has previously provided access to a range of exclusive 90% graduate mortgages and we are now seeking another suitable lender.
Will student debt impact on my mortgage application?
In our experience, student loans do not normally make the difference between a successful or unsuccessful mortgage applications. This is because student debt has historically been priced below market rates and is often taken directly out of pay packets. Indeed, it has normally been other privately arranged debt, particularly credit cards and loans, which have affected graduates’ affordability when applying to a lender (in our anecdotal experience).