Which lenders offer shared ownership mortgages?We offer help for first time buyers and information on first time buyer mortgages. The reason for this is that the landlord wishes the property to remain available to people who are interested in shared ownership. The shared ownership mortgage may provide the only option for many first- timers buying their first property in today's current climate. Shared ownership allows you to buy a share of a property usually 50 per cent from a housing association and pay rent for the remainder. For example, if your mortgage was £100, 000 and your savings totalled £20, 000, you would only pay interest on the remaining £80, 000.

Benefits and pitfalls of shared ownership. What will the monthly payments be and how will that increase my share of ownership over time?Insolvency examiner. First time buyer mortgages: mortgages for friends buying together. The first step towards shared ownership is to contact your local homebuy agent. Shared ownership was intoduced to help people who cannot afford to buy a home outright.

Free in- house legal services for re- mortgages. Most building societies support shared ownership, and mortgages are generally available, subject to status, and valuation. Joint ownership buying with a friend and shared ownership can sometimes be combined. Joint ownership buying with a friend and shared ownership can also sometimes be combined.