If you’re looking to buy a home but can’t afford to buy outright, shared ownership may be the solution. Shared ownership allows you to purchase a share of a property and pay rent on the remaining share. This can be a useful way to get onto the property ladder if you can’t afford to buy a property outright.
At Mortgage Mentors, we understand that shared ownership can be a complex product, which is why we offer expert guidance and support to help you understand the process.
Our advisors can provide advice on the eligibility criteria for shared ownership, as well as the application process and the costs involved. We can also help you to secure the right mortgage deal available for shared ownership properties.
We work with a range of lenders who offer specialist shared ownership mortgages, and our advisors can help you to find the most suitable product for your needs. We can also provide advice on the additional costs involved in buying a shared ownership property, such as stamp duty, solicitor fees, and moving costs.
At Mortgage Mentors, we believe that everyone deserves the opportunity to own their own home, and shared ownership can be a useful way to get onto the property ladder. Contact us today to see how we can help you secure some of the best mortgage deal available for shared ownership properties. Our advisors can guide you through the entire process, ensuring that you fully understand each step and that everything runs smoothly.
Your property may be repossessed if you do not keep up repayments on your mortgage.
