shared ownership - Cubitt & West

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How can a Shared Ownership mortgage benefit me?

A Shared Ownership mortgage can help you secure a home for as little as 10% of the property’s value, meaning that your deposit for your new property is also lower.

Though you won’t own the property outright, when your financial circumstances improve, you will have the opportunity to buy more shares of the property.

 

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Am I eligible for the Shared Ownership scheme?

The Shared Ownership Scheme is eligible for first-time buyers, those who have previously owned a home and now cannot afford a full priced home, or those who are an existing homeowner looking to move.

You must also have a combined household income below £80,000 a year (£90,000 in London).

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How do I find out more about Shared Ownership?

You can find out more about Shared Ownership schemes on the Government’s website or why not speak to your local Shared Ownership experts?

Our in-house team of mortgage advisors are always here for you