This March, Catalyst launched Midsummer Vale; a range of 55 two to five bedroom houses in the countryside village of Walkern, Hertfordshire, with Help to Buy available. Dating as far back as the Saxon period, Walkern offers a heritage-rich lifestyle, with buildings of historical importance still standing today, including the 11th Century St Mary’s Church…
Staircasing Mortgage Agreement in Principle
Staircasing agreement in principle or full application
If you are just researching the potential to staircase, but have not yet began the process, you can use our Shared Ownership Staircasing calculator and submit an agreement in principle application with a lender or mortgage broker later down the line.
What is staircasing?
When should you apply for a staircasing agreement in principal?
You can apply for a Shared Ownership mortgage agreement in principal when:
- you have been offered a property or asked by the housing association/seller to obtain an agreement in principle and need to find a mortgage
- or are looking at specific properties and may need a mortgage soon
Use our Mortgage Comparison tool to search for mortgages from across the market, and when you see an offer you are interested in, you can contact the lender directly or contact a specialist Shared Ownership mortgage broker.
If you are just researching potential costs for a Shared Ownership mortgage, and do not yet have any specific properties in mind, you should generally use our Shared Ownership mortgage calculator and submit an agreement in principle further down the line.
Mortgage holidays offer a pause on repayments The Government recently announced that both owner-occupiers and residential landlords whose finances have been impacted by coronavirus (COVID-19) can apply for a three month pause on repayments. This means that lenders will offer those struggling with a three month ‘holiday’, giving owners a temporary break from having to…
Greenway at Beckton Parkside offers a lovable collection of one, two and three bed Shared Ownership homes for sale. This brand new development located in Beckton (E6) offers several plus points. From its Olympic legacy to it’s convenient location which makes shopping, access to green space and transport hassle-free, living at Greenway allows you to…
A large chunk of the population have suddenly found themselves working from home and while many will enjoy skipping the morning commute, it will seem like a daunting experience for others. Whether you’re a long-term agile worker or new to the stay-at-home game, we’ve outlined some top tips to help you make the most of knuckling…