Shared Ownership Mortgages at The Mortgage Village
Looking to step onto the property ladder with a smaller deposit?
Shared Ownership could be the ideal starting point. This government-backed scheme allows you to buy a share of a home, typically between 10% and 75%, and pay rent on the remaining portion. Over time, you may be able to increase your share in the property, a process known as ‘staircasing’.
At The Mortgage Village, we understand that Shared Ownership can feel complex, but it offers a fantastic opportunity to get on the property ladder with less upfront cost. We’ll guide you through every step, from understanding eligibility criteria to finding the right mortgage for your share.
How Shared Ownership could help you:
- Buy a share of a property with a smaller deposit, making it easier to get started
- Pay rent on the share you don’t yet own, keeping monthly costs more manageable
- Increase your share over time, gradually moving towards full ownership if you wish
We’ll also explain the costs involved, such as rent, service charges, and maintenance responsibilities, so you have a clear picture before you commit.
What to expect from us:
Let us help you unlock the door to your new home with confidence.
Clear advice tailored to your financial situation
Help navigating government schemes and eligibility requirements
Support throughout the application and mortgage process
Answers to all your Shared Ownership questions
Shared Ownership schemes involve paying rent on part of your home as well as mortgage payments. Rent and service charges can increase over time, affecting affordability. Eligibility criteria apply. You may not be able to staircase to full ownership.
Your home may be repossessed if you do not keep up with mortgage or rent payments.
It’s important to understand the terms and seek advice specific to your circumstances.
- You may have to pay an early repayment charge to your existing lender if you remortgage.
- Your home may be repossessed if you do not keep up repayments on your mortgage.
- Buy to Let mortgages and Commercial Lending are not usually regulated by the Financial Conduct Authority.
- Your property may be repossessed if you do not keep up repayments on your mortgage.
- Not all Buy to Let Mortgages are regulated by The Financial Conduct Authority
Our Contact
- admin@themortgagevillage.com
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Mortgage Village Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.
Registered Office: Mortgage Village Ltd, 11 The Pastures, Edlesborough, LU6 2HL. Registered Company Number: 13637600 Registered in England & Wales.
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- 2025.