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!