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What is a shared equity deal?
If you are unable to afford the full cost of a new home then this might be a useful option for you. You give up a percentage of the equity to a local authority or specialist homebuilder and pay for the remainder (usually around 50%). Later, when you can afford it, you can buy the other percentage back. It’s an excellent arrangement for first time buyers or low-income families.
You may want to visit our calculator page to find out how much you can afford to borrow and what your monthly repayments could be. It’s important to make sure you can maintain your payments or you run the risk of having your property repossessed.
Arranging a shared equity mortgage quote…
You can arrange an immediate shared equity mortgage quote by calling us now on 0845 603 1525 or filling in your details online. As well as shared equity mortgages, you can find a range of other mortgage types that might suit your needs, including:
Call us on 0845 603 1525 for a no-obligation shared equity mortgage quote. Our friendly, experienced team is on hand to answer any questions that you may have and help you find the best deal on the market.
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
Unsure where to start? Call our advice team now for free, impartial, experienced advice. Call us
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