If your budget is too stretched to afford a mortgage on 100% ownership of a home, then Shared Ownership gives you a opportunity to buy a share of a property between 25% and 75% of the full purchase price.
Of the share you decide to purchase, as little as a 5% deposit can be contributed and the remaining is a mortgage. The remaining share not purchased is rented from a registered housing association.
In the future, you are able to purchase an additional share of the property (known as 'staircasing') up to 100% ownership, depending on affordability and personal circumstanes.
Over the last five years I have worked very closely with West Kent Housing Association, building a very strong working relationship with their Home Ownership Team. I have an excellent track record of securing shared ownership mortgages for clients throughout Kent.
As well as working with West Kent Housing Association for shared ownership purchases, I have worked alongside Hyde New Homes, Moat Homes and Orbit.
You can browse available shared ownership developments with West Kent Housing Association at their website, www.westkent.org/buy/ or by contacting their friendly Home Ownership Team on 01732 749931 where they will be delighted to assist.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority does not regulate on Buy-to-Let mortgages.
The actual interest rate available will depend upon your circumstances. Please ask for a personalised illustration.
Certitude Wealth is a trading style of Joanna Stickings, which is an appointed representative of Quilter Mortgage Planning Limited, which is authorised and regulated by the Financial Conduct Authority (FCA).
Quilter Mortgage Planning Limited is entered on the FCA Register
(https://www.fca.org.uk/register) under reference 440718