What will it cost?

Buying a home is the largest financial investment most people will ever make.

First you’ll need a deposit, typically between 5% or 10% of the share you’re buying. This could be as little as £2,000.

After you’ve put down a deposit (and paid any legal fees), you’ll be paying your mortgage, rent, and possibly service charge each month. Your mortgage is worked out based on the size of the share you’ve bought, and your rent is paid to the housing association you bought your property from. (It’s good to note that your rent will be reviewed every year based on market fluctuation, so remember to check your lease carefully for details of possible rent increases.)

We recommend that you talk to an Independent Mortgage Advisor as soon as possible.

Please see below a list of independent financial advisors we work closely with who have a good understanding of shared ownership mortgages. They are not associated or part of emh Group.  Please contact them directly to discuss their services and fees.

Jamie Hastie
Hawthorne Mortgages

14 Hawthorne Avenue
Hucknall
NG15 6LN

T: 0115 9638965
M: 0794 1041150

E: jamie@hawthornemortgages.co.uk

Mark Singleton
Mortgage Advice Bureau

48 High Street
Daventry
Northants
NN11 4HU

T: 01327 703252
M: 07971213099
E: Mark.Singleton@mab.org.uk

SELLING HOMES ON BEHALF OF

IN ASSOCIATION WITH