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Shared Equity Motgages
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Posts: 17 Forumite
New Build Shared Equity Mortgage
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Hi
My partner and I have been to view a new build property with persimmon homes who would allow us to buy the property using there helping hand (shared equity scheme) the cost of the house is £171000 they would provide 15% and we need to provide a further 5% our incomes are £33,535 and £11,000, can anyone give me some advice on what mortgages are available for shared equity properties like this or if any bank will lend on this kind of property (we are in scotland if this makes a difference).
Any help or advice would be much appreciated.
Thanks
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[/URL]Hi
My partner and I have been to view a new build property with persimmon homes who would allow us to buy the property using there helping hand (shared equity scheme) the cost of the house is £171000 they would provide 15% and we need to provide a further 5% our incomes are £33,535 and £11,000, can anyone give me some advice on what mortgages are available for shared equity properties like this or if any bank will lend on this kind of property (we are in scotland if this makes a difference).
Any help or advice would be much appreciated.
Thanks
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