Please note:

Shared Ownership/Shared Equity Mortgages

Shared Ownership key criteria:

  • Up to 95% LTV on the borrower’s share for new builds and resales
  • We accept the greater of 10 units or 25% of the total Shared Ownership properties on a post code
  • Clients must be able to staircase up to 100% ownership

For full details of our Shared Ownership criteria, view our criteria guide.

Why use us?

  • Dedicated product range
  • Products available for remortgages and product transfers
  • Experienced underwriters are on hand to help with more complex cases
  • Online DIP and affordability assessment 
  • Awarded 'What Mortgage’ Best Shared Ownership Lender six years running
AVAILABLE TO INTERMEDIARIES ONLY

2 Year Shared Ownership Fixed Rate Mortgages

Initial fixed rate up to and inc. 31/12/23Then the Society's SVR less 1.25% discount up to and inc. 31/12/26, (currently)Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVBorrower share availableProduct Fee
2.49% 4.04%5.29%4.7%75%90%£1,499 View
Max loan amount £400,000
2.86% 4.04%5.29%4.8%75%90%£999 View
Max loan amount £400,000
2.97% 4.04%5.29%4.7%75%90%£0 View
Max loan amount £400,000
3.39% 4.04%5.29%4.8%75%95%£1,499 View
Max loan amount £300,000
3.74% 4.04%5.29%4.9%75%95%£399 View
Max loan amount £300,000
3.82% 4.04%5.29%4.8%75%95%£0 View
Max loan amount £300,000

Cashback 2 Year Shared Ownership Fixed Rate Mortgages

Initial fixed rate up to and inc. 31/12/23Then the Society's SVR less 1.25% discount up to and inc. 31/12/26, (currently)Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVBorrower share availableProduct Fee
2.53% 4.04%5.29%4.7%75%85%£0 View
Max loan amount £500,000 / Min loan amount £50,000 / £500 Cashback upon completion
3.99% 4.04%5.29%4.8%75%95%£0 View
Max loan amount £300,000 / Min loan amount £50,000 / £500 Cashback upon completion
RATES CORRECT AS AT 24 september 2021

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Representative Example

A mortgage of £105,000.00 payable over 25 years initially on a fixed rate for 2 years at 3.74% and then a 1.25% discount on our current Standard Variable Rate of 5.29% giving a rate of 4.04% for 3 years and then on our current Standard Variable Rate of 5.29% for the remaining 20 years would require 24 monthly payments of £538.78, 36 monthly payments of £554.86 and 240 monthly payments of £616.82.

The total amount payable would be £181,375.81 made up of the loan amount plus interest of £75,941.81 and application fee £0, product fee £399, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 4.9% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Key details about this product range

  • Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender.
  • A product fee is payable on application (where applicable) but is refundable should the mortgage not complete.
  • A mortgage exit fee of £199 will apply.
  • Tapered Early Repayment Charges may apply.
  • Interest calculated daily.
  • These products are not available to interest only applications.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.

For more detail about specific products, visit the links in the table above.

5 Year Shared Ownership Fixed Rate Mortgages

Initial fixed rate up to and inc. 31/12/26Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVBorrower share availableProduct Fee
3.29% 5.29%4.6%75%90%£0 View
Max loan amount £400,000
3.89% 5.29%4.8%75%95%£0 View
Max loan amount £300,000
RATES CORRECT AS AT 24 september 2021

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Representative Example

A mortgage of £90,000.00 payable over 25 years initially on a fixed rate for 5 years at 3.89% and then on our current Standard Variable Rate of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £469.17 and 240 monthly payments of £528.40.

The total amount payable would be £155,000.76 made up of the loan amount plus interest of £64,965.76 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 4.8% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Key details about this product range

  • Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender.
  • A product fee is payable on application (where applicable) but is refundable should the mortgage not complete.
  • A mortgage exit fee of £199 will apply.
  • Tapered Early Repayment Charges may apply.
  • Interest calculated daily.
  • These products are not available to interest only applications.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.

For more detail about specific products, visit the links in the table above.

Cashback 2 Year Shared Equity Fixed Rate Mortgages

Initial fixed rate up to and inc. 31/12/23Then the Society's SVR less 1.25% up to and inc. 31/12/26, (currently)Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.14% 4.04%5.29%4.5%75%£0 View
Max loan amount £500,000 / Min loan amount £50,000 / £500 Cashback upon completion
3.09% 4.04%5.29%4.7%85%£0 View
Max loan amount £500,000 / Min loan amount £50,000 / £500 Cashback upon completion
3.69% 4.04%5.29%4.8%90%£0 View
Max loan amount £500,000 / Min loan amount £50,000 / £500 Cashback upon completion
RATES CORRECT AS AT 24 september 2021

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Representative Example

A mortgage of £120,000.00 payable over 25 years initially on a fixed rate for 2 years at 3.69% and then a 1.25% discount on our current Standard Variable Rate of 5.29% giving a rate of 4.04% for 3 years and then on our current Standard Variable Rate of 5.29% for the remaining 20 years would require 24 monthly payments of £612.49, 36 monthly payments of £633.91 and 240 monthly payments of £704.68.

The total amount payable would be £206,679.39 made up of the loan amount plus interest of £86,644.39 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 4.8% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Key details about this product range

  • Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender.
  • A product fee is payable on application (where applicable) but is refundable should the mortgage not complete.
  • A mortgage exit fee of £199 will apply.
  • Tapered Early Repayment Charges may apply.
  • Interest calculated daily.
  • These products are not available to interest only applications.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.

For more detail about specific products, visit the links in the table above.

Cashback 5 Year Shared Equity Fixed Rate Mortgages

Initial fixed rate up to and inc. 31/12/23Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.19% 5.29%4.1%75%£0 View
Max loan amount £500,000 / Min loan amount £50,000 / £500 Cashback upon completion
3.14% 5.29%4.5%85%£0 View
Max loan amount £500,000 / Min loan amount £50,000 / £500 Cashback upon completion
RATES CORRECT AS AT 24 september 2021

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Representative Example

A mortgage of £120,000.00 payable over 25 years initially on a fixed rate for 5 years at 3.14% and then on our current Standard Variable Rate of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £577.35 and 240 monthly payments of £694.80.

The total amount payable would be £201,427.88 made up of the loan amount plus interest of £81,392.88 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 4.5% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Key details about this product range

  • Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender.
  • A product fee is payable on application (where applicable) but is refundable should the mortgage not complete.
  • A mortgage exit fee of £199 will apply.
  • Tapered Early Repayment Charges may apply.
  • Interest calculated daily.
  • These products are not available to interest only applications.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.

For more detail about specific products, visit the links in the table above.

 

 

 

We have developed a set of short, easy-to-use guides to our criteria.

View our criteria guides »

Any questions?

Please contact your nearest Development Manager. Find your nearest Development Manager »