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Shared ownership mortgages

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Jojo55
Jojo55 Posts: 91 Forumite
in Mortgages & endowments
Can someone shed some light on how these differ to standard mortgages? Are they the same just a lesser amount? Is LTV still usually the same? Any other key points about SO mortgages welcome.
Thanks

Comments

  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Fewer lenders willing to accept.

    Newbuild often means lower loan to value, although the odd lender will do 95%.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
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