Tel 01622 278 092
mortgages@stewartfinancial.co.uk

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 offers people the chance to own a smaller percentage of their home, usually meaning their mortgage costs are a lot lower coupled with a rental payment. 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 MEDWAY

A: 6 Military Road Chatham Kent
ME4 4JA
T: 01634 912602
E: mortgages@stewartfinancial.co.uk

STEWART FINANCIAL MAIDSTONE

A: 65 High Street, Maidstone
ME14 1SR
T: 01622 278092
E: mortgages@stewartfinancial.co.uk

STEWART FINANCIAL ASHFORD

A: 21 Cedar Parade, Ashford
TN23 3TE
T: 01233 629990
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, Kent
TN30 6HT
T: 01580 392102
E: mortgages@stewartfinancial.co.uk

STEWART FINANCIAL
HYTHE

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