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Shared ownership

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
Adjusting to life on my own, No wife = spare cash :beer:
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Comments

  • izoomzoom
    izoomzoom Posts: 1,564 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    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
    Taadaa Posts: 2,113 Forumite
    Portman and Nationwide definitely do.
    I have had many Light Bulb Moments. The trouble is someone keeps turning the bulb off :o

    1% over payments on cc 3.5/100 (March 2014)
  • Taadaa
    Taadaa Posts: 2,113 Forumite
    ...and I think Abbey do as well
    I have had many Light Bulb Moments. The trouble is someone keeps turning the bulb off :o

    1% over payments on cc 3.5/100 (March 2014)
  • 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
    Adjusting to life on my own, No wife = spare cash :beer:
  • Liz33
    Liz33 Posts: 155 Forumite
    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.
    Sealed pot challenge - £400 no.491
  • I brought my shared ownership house 4 years ago through Halifax and they were very helpful at the time!
  • hollyblue
    hollyblue Posts: 61 Forumite
    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
    huddsta Posts: 715 Forumite
    I'm with Leeds BS on my 55% share
    Bet match total as of 04/10 = God Knows + About £1000 Quidco. Time for Mrs Huddsta to have a crack!!!

    The Bronze Challenge - earn £250 in profits =£73.32
  • Deleerious
    Deleerious Posts: 271 Forumite
    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
    A fully functional diet; :beer: + :spam: = :dance:
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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.
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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