Shared ownership

The_Big_Yin_4

Any recommendations ?

Looking to buy 50% share in flat with local housing asscoiation Have been offered a normal mortgage above the amount i want but need to know who to go to if they dont do shared ownership

Thanks in advance

izoomzoom

There are about 20 lenders who will lend on SO but I can't name them.

You are really best off contacting a whole of market mortgage advisor to do the investigating for you.

When we purchased last year, it ended up that there was only one option for us - Ipswich BS.

HTH

Taadaa

Portman and Nationwide definitely do.

Taadaa

...and I think Abbey do as well

The_Big_Yin_4

thanks guys managed to get Nationwide to agree althought HSBC had said they may be able to help if i see one of their advisors in branch , trouble is its 15 miles away

Liz33

Try speaking to Sherwins they are part of Savills and can search the whole market for you and have a lot of experience in Shared Ownership schemes.

Skintbuthappy_2

I brought my shared ownership house 4 years ago through Halifax and they were very helpful at the time!

hollyblue

I have a shared ownership mortgage and know that Halifax, Nationwide and Leeds BS do - coz i've had mortgages from them all!

Best of luck

huddsta

I'm with Leeds BS on my 55% share

Deleerious

The_Big_Yin wrote: »

Any recommendations ?

Looking to buy 50% share in flat with local housing asscoiation Have been offered a normal mortgage above the amount i want but need to know who to go to if they dont do shared ownership

Thanks in advance

Mine's with Kent Reliance Building Society. I took out 75% 1 year ago they were superb! Now, one year on i'm trying to sort the last 25%... they don't want to know!

Very odd...

Deleerious D

MortgageMamma

Why dont you just use a broker, who will know ALL the shared ownership lenders and their underwriting policies, let them do the comparing for you and come up with the best deal. If you keep going into bank branches on the offchance they will keep credit checking you which will wreck your credit rating and stifle your chances.