"Housing Association Shared ownership mortgage"

Council or housing association tenant? would you like to buy your property and make it your home?
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Is your UK property exempt from Stamp Duty.Is it located in a Disadvantage stamp duty area - Click Here and find out! If the Property is valued at £150,000 or under and is located in the Disadvantage Stamp Duty Area you might not have to pay Stamp Duty!
What is a "shared ownership mortgage"? Getting on the property ladder these days can be tough. A popular method for first time buyers is to buy a property with a housing association using a shared ownership mortgage. In this scheme you would own maybe 25 to 50 percent of the property while the housing association owns the rest. Whilst paying your portion of the shared mortgage you would also rent the other portion of the property from the housing association. The advantage is that you only need buy a relatively small portion of the property at first if you so choose, but can buy additional shares from the housing association at a later date. This is called “staircasing”. The disadvantage is that you lose a portion of the equity gained in the value of the property to the housing association. If a shared ownership mortgage sound like the right products for you, fill out our online application and a qualified shared mortgage advisor will contact you to discuss your specific circumstances. It's free, fast and without obligation or credit checks.