2 Year Fixed

- Are resident of England, Scotland, Wales, Northern Ireland
- Are older than 18
- Have no repossessions
Additional criteria may apply
The shared ownership scheme is designed to help families on lower incomes become home-owners, and means you could get on the housing ladder with a deposit of just 5%.
Why are you looking for a mortgage?
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
Additional criteria may apply
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The shared ownership scheme is designed to help people who can’t afford the mortgage on an entire home.
Housing associations allow you to buy a share of between 25% and 75%, and then pay rent on the remaining share. Later on you can increase your share of the home.
Shared ownership mortgages often also allow for lower deposits. Mortgages often expect a deposit of 10-20%, shared ownership mortgages often require only 5% of the properties value.
The shared ownership scheme isn’t open to everyone. You need to be a first time buyer, someone who used to own a home but can’t afford one anymore, or someone with an existing shared ownership home looking to move.
There are also salary restrictions on how much you can earn. It is open to people with a salary lower than £80,000 per year, or £90,000 per year in London.
Uswitch is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide this mortgage comparison service.
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