Shared equity mortgage deals

Let us find the juiciest quote for you

There are hundreds of shared equity mortgage deals in the UK and finding the right one can be time consuming and frustrating.

If you’re searching for a shared equity mortgage deal, First Mortgage can help you find the very best offers from the whole of the UK market. We don’t charge a thing for our service, providing a totally impartial and free market search.

What is a shared equity mortgage deal?

Shared equity mortgages allow the borrower to pay lower monthly fees on a property in exchange for the lender taking a share of the equity. They are particularly useful if you’re looking to get on the property ladder for the first time, but can’t afford the steep prices. Usually, the lender charges normal interest rates on the bulk of the loan, then offers reduced or 0% interest on the rest of the sum. The repayment is therefore less than an unsecured loan, and the lender receives the rest of their money back upon sale of the property.

Shared equity deals and other mortgage types...

As well as shared equity mortgage deals, you can find a range of other mortgage types that might suit your needs, including:

 Family equity loan plan - Shared equity scheme with prents or close relatives

 LIFT - Available in Scotland only, this initiative helps people on a low income afford a house

 First time buyer - Get a foot on the property ladder with special offers

 Poor/bad credit - Even if you have bad credit history (CCJs, defaults, arrears, bankruptcy etc) we can find a deal for you

 100% - If you can’t afford a deposit

 Self-certified - A different way to arrange a mortgage if you are unable or unwilling to prove income

 Right to buy - Government scheme that allows you to buy your council home at a discount price if you have lived in it for at least two years

 Council house purchase - Purchase a council house

For more information, advice and assistance, fee free to call us on 0845 603 1525. We are more than happy to discuss your circumstances and help you choose the best shared equity mortgage for your needs.

The overall cost for comparison is 6.6% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration.