Shared Ownership Mortgage

Shared ownership mortgages are part of a government scheme which aims to assist lower income households and first time buyers purchase a property. You can take out a mortgage for the share you own (usually between 25% and 75%), while paying rent on the other proportion.

A shared ownership mortgage will allow you to own a certain proportion of a property. Typically a 5% deposit is needed, rather than 10 – 20% required for most other mortgages. Rent is then paid on the remaining proportion.

Not all lenders support shared ownership mortgages, but here at The Better Mortgage Company, we have access to lenders
that can help.

Want to know more?

Either call us, chat online or complete our very simple online form now

Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it

You are just 3 simple steps away from finding your new mortgage deal

Step 1

Fill in our simple online form
or chat to us online

Step 2

We will search the mortgage
market for you

Step 3

Receive a no obligation call from one of
our mortgage specialists

Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it