Make an Enquiry Here Check Mortgage Rates Here Shared Ownership Calculator
This is the same as a Shared ownership Mortgage, you can but as small as 25% of the property (going up to 75%) and rent the rest. This is often suitable for those with less money due to Bad Credit or perhaps just being young without many savings, this can be a great step up into the market if you have adverse credit. Later down the line you can also remortgage to increase your share of the property to staircase up to 100% ownership and increase the amount of the property you earn in relation to the market value, this way you can increase your ownership without having to wait until you have all the money you need to buy the house and so you can own more of the property as the market value increases.
Make an Enquiry Here Check Mortgage Rates Here Shared Ownership Calculator
This is the same as a Shared ownership Mortgage, you can but as small as 25% of the property (going up to 75%) and rent the rest. This is often suitable for those with less money due to Bad Credit or perhaps just being young without many savings, this can be a great step up into the market if you have adverse credit. Later down the line you can also remortgage to increase your share of the property to staircase up to 100% ownership and increase the amount of the property you earn in relation to the market value, this way you can increase your ownership without having to wait until you have all the money you need to buy the house and so you can own more of the property as the market value increases.