Find your local branch

Aberdeen

view details

Berwick-upon-Tweed

view details

Birmingham

view details

Brighton and Worthing

view details

Bristol and Bath

view details

Cardiff & Newport

view details

Carlisle

view details

Consett, Stanley & Tyne Valley

view details

Dalkeith

view details

Darlington

view details

Dundee

view details

Dunfermline

view details

Durham

view details

Edinburgh

view details

Elgin & Inverness

view details

Falkirk

view details

Galashiels

view details

Gateshead

view details

Glasgow

view details

Kirkcaldy

view details

Leeds

view details

Liverpool

view details

Livingston

view details

London

view details

Manchester

view details

Middlesbrough

view details

Musselburgh

view details

Newcastle

view details

Perth

view details

Preston

view details

Sheffield

view details

Southampton & Portsmouth

view details

Stirling

view details

Stockport

view details

Stoke-on-Trent

view details

Sunderland

view details

Shared Equity Mortgage

To help buyers get onto the property ladder, many New Home Builders and Housing Associations now offer shared equity schemes, allowing more people to purchase their own home with only a 5% deposit. In Scotland, there is the Government backed LIFT scheme, which is a form of shared equity. Find out more about it here.

With shared equity schemes, the Builder or Housing Association provides an equity loan (often interest free for the first 5 years) of between 10-25% of the property’s value, meaning you only need to obtain a mortgage for between 90% and 75%. You maintain 100% ownership of your home, and because you’ll have a smaller mortgage than you would have otherwise needed, your mortgage repayments will be lower too.

We will provide you with your own dedicated mortgage advisor who will be with you from start to finish, ensuring you have all the assistance required to make your new home purchase as easy as possible. Your advisor will search the over 10,000 mortgage products and determine which option suits you best. They will complete all the paperwork with you, and also deal with the lender, solicitor and surveyor throughout the process, to ensure your home purchase is completed as smoothly as possible.

As always, our end to end service is 100% free - it won't cost you a penny!

How Much Can I Borrow?

Your advisor will calculate exactly how much you can borrow based on your personal circumstances, and what that would cost, whilst explaining the purchasing process in simple terms – no jargon!

Single Application Joint Application

What's your total annual pre-tax income?

Great news, you could borrow up to: £45,000

Great news, you could borrow up to: £35,000

To find out exactly how much you can borrow based on your specific circumstances, please make an enquiry to speak to an advisor.

Quick Enquiry

Low Deposit Schemes Available

While Shared Equity isn't the only low deposit scheme available for people looking for an affordable mortgage option, it may be a good option to consider depending on your personal circumstances. Your advisor will be able to look over your situation and help determine whether Shared Equity is right for you. Here's an example of how it works:

• You purchase a new build home where the builder is offering Shared Equity on an 85/15 split
• The full price of the home is £150,000
• You require a 5% deposit (£7,500) to qualify for the scheme
• The builder provides an “equity loan” of 15% (£22,500)
• You then need a mortgage for 80% of the full purchase price (£120,000)
• Often you will pay no interest on the equity 15% equity loan for between 5 and 10 years
• You will own 100% of the property and can pay back the builder when you sell the home
• You can pay back the equity loan at any time without penalty

In addition to shared equity, we can also advise you on other available schemes and government initiatives such as Help to Buy, which only requires a 5% deposit to purchase a home.

Get in touch today to find out how we can help make your dreams of home ownership a reality!

Client Reviews

TrustScore 5.0 | 24,012 reviews

Say goodbye to fees

We won't charge you a penny. Ever.

We’re not just any mortgage broker – we’re a free, award winning mortgage broker with access to the best deals out there. And there’s no catch. While most mortgage brokers will charge you a hefty fee for using their service, we don’t. Our service is funded entirely by mortgage lenders, so you can bid farewell to advice fees. Did we mention we’ll even do all the paperwork for you?

No hard sells. No obligation. Just fee-free advice.

Our Promise

Because your peace of mind matters to us.

We’re so confident in finding the best mortgage or remortgage deal available to you that every mortgage we source comes fully backed by our one of a kind mortgage guarantee.

If you can get a better mortgage offer from anywhere else, we’ll give you £500.

Not Quite Ready?

That's alright, we know it's not everyday that you get a mortgage.

How much can I borrow?

Find out how much you could borrow

Find out more

Payment Calculator

Calculate your repayments

Find out more

Stamp Duty Calculator

Work out how much stamp duty you’d need to pay

Find out more