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Shared Equity mortgage

viggette
viggette Posts: 16 Forumite
in Mortgages & endowments
Please does anyone know of lenders who provide mortgages to people buying shared equity properties? I have had a quote from the Halifax, but would like something I can compare it to. Northern Rock and Yorkshire BS have both said they dont lend on SE houses.
Thanks

vig

Comments

  • Fairdo_2
    Fairdo_2 Posts: 442 Forumite
    Abbey, Norwich & Peterborough do Shared Equity along with Halifax.

    I think that Nationwide, IF, Alliance & Leicester, Portman and Leeds & Holbeck do aswell.

    I am in between calls at the moment, so cannot say conclusively at the moment, but they should be starting points for you.
    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.
  • rchddap1
    rchddap1 Posts: 5,926 Forumite
    I seem to remember that Nationwide do. One other option would be to call up your local housing association and ask them. They should have all that information immediately to hand I would have thought
    Baby Year 1: Oh dear...on the move

    Lily contracted Strep B Meningitis Dec 2006 :eek: Now seemingly a normal little monster. :beer:
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  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Can only agree with the posts before me - there are a lot of options available, but the normal warning comes into play of - it depends on your personal circumstances as to which will be best for you.
    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.
  • viggette
    viggette Posts: 16 Forumite
    Thanks for the replys. After 2 days of phone calls and trudging round town I have discovered there are only 3 lenders who will touch the kind of scheme I am buying with - Halifax, Nationwide and Abbey. I just hope I can get a good deal from one of them.

    vig
  • mummytofour
    mummytofour Posts: 2,636 Forumite
    ourshared ownership is with britannia building society!
    Hope that helps
    Also this broker is good.

    http://www.sherwins.co.uk/welcome2.htm
    Vxx
    Debt free and plan on staying that way!!!!
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