You buy a share of the property and pay rent on the remainder to the housing provider. Lenders that support shared ownership assess affordability across the mortgage, the rent and the service charge together.
We liaise with the housing association alongside your lender and conveyancer, and can advise later on buying additional shares (staircasing).
How we help with shared ownership mortgages
- Lenders who understand shared ownership leases
- Affordability across mortgage, rent and service charges
- Coordination with your housing provider
- Advice on buying further shares in future
Considering a shared ownership home?
Speak to Viresh — CeMAP and Cert CII qualified, with access to over 90 lenders and more than 15 years' experience.
Not sure where to start? Send a quick message.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Typically, we charge a fee of £295, however, the actual fee will depend on your circumstances.