Shared Ownership Buying a property can be the biggest decision made in our lives. It is for this very reason that professional advice is critical from qualified advisers. CONTACT US

Shared ownership is another scheme such as Help to Buy, which has been set up to help people that may not be able to afford a mortgage on paper. Many people have heard about shared ownership and some few confuse this with joint ownership or the thought of having to share your home with others. Do not fear this isn’t the case and we wouldn’t expect you to share your home with Jeff from down the road.

Simply put Shared ownership means you pay back your mortgage each month on a smaller percentage of the property along side paying an amount of rent to the Scheme Provider/Housing Association for the rest.

In principle for lower earning income households this may be a great option to get your foot on the ladder. We tend to find that this serves as a great backup if income doesn’t allow a client to achieve a standard mortgage.

Most providers will also allow you to purchase more of the property as time goes on. This means over time you can end up owning the whole of the property as income and affordability allows.

If you wish to know more about Self Ownership, please get in contact today.

Just send us your questions and we will give you the help you need.
STEWART FINANCIAL ASHFORD

A: 21 Cedar Parade, Ashford TN23 3TE
T: 01233 807107
E: mortgages@stewartfinancial.co.uk

STEWART FINANCIAL FOLKESTONE

A: 93-95 Sandgate Rd, Folkestone CT20 2BQ
T: 01303 210343
E: mortgages@stewartfinancial.co.uk

STEWART FINANCIAL TENTERDEN

A: 102 High St, Tenterden TN30 6HT
T: 01580 392102
E: mortgages@stewartfinancial.co.uk

STEWART FINANCIAL HYTHE

A: 156B High St, Hythe CT21 5JU
T: 01303 720724
E: mortgages@stewartfinancial.co.uk