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90% LTV New Build Shared Ownership

My mortgage broker has told me that there is no such product. That effectively there is no lender who offers a 90% LTV Mortgage for New Builds on Shared Ownership scheme. Is this true? Does anyone have any insight into this?

Comments

  • haras_nosirrah
    haras_nosirrah Posts: 2,208 Forumite
    Hi. I am a mortgage broker who specialises in shared ownership and is on the panel of 3 housing associations.

    There is 90, 95 and even 100% options for shared ownership newbuild.
    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.
  • kingstreet
    kingstreet Posts: 39,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Seconded...
    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.
  • haras_nosirrah
    haras_nosirrah Posts: 2,208 Forumite
    I have spoken to him and we are taking it forward
    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.
  • As an update in case anyone finds this thread in a search.
    haras_nosirrah was able to help us secure a mortgage that fitted our needs, and our purchase is nearing completion now. We had spoken to other Mortgage Advisors but haras_nosirrah was the only one that took the time to look at our situation in detail and advise us on how to make the most of the our situation. I would definitely recommend haras_nosirrah services for affordable housing.
  • haras_nosirrah
    haras_nosirrah Posts: 2,208 Forumite
    As an update in case anyone finds this thread in a search.
    haras_nosirrah was able to help us secure a mortgage that fitted our needs, and our purchase is nearing completion now. We had spoken to other Mortgage Advisors but haras_nosirrah was the only one that took the time to look at our situation in detail and advise us on how to make the most of the our situation. I would definitely recommend haras_nosirrah services for affordable housing.

    No problem at all Lloyd. Glad we were able to help

    Sarah x
    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.
This discussion has been closed.
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