Particularly useful for aspiring professional wishing to get onto the property ladder but are held back by low initial earning and/or spiraling housing costs. Different schemes have varying features and benefits so assessing what you want is important.

A Group Mortgage is one held by between 2 and 4 people. It could be a group of four junior doctors all at the same hospital who pool their incomes and share the house 25% each.

Alternatively a Shared Ownership or Shared Equity Mortgage is a scheme that allows an individual to purchase a percentage of the value of a property with such a mortgage. They then pay a rent on the portion they do not own or forego a certain portion of future profit from the sale of the property or they are allowed some other arrangement; even including, in some cases, rent free. The schemes do vary widely so we will ensure the right options are in place for you.

Do you want a fixed stake or potential increasing stake (known as staircasing), do you want to be a joint owners or a part tenant; whatever you requirements we will source the right mortgage for you ring us on 0845-6756749 or clicking here now.