Please note:

Shared Ownership/Shared Equity Mortgages

We know Shared Ownership works for customers, that's why in 2023 we were the number one lender for Shared Ownership illustrations on Twenty7Tec.

You can find information on our key criteria, our products and how to submit a case below.

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 eight years running
AVAILABLE TO INTERMEDIARIES ONLY

2 Year Shared Ownership Fixed Rate Mortgages

Initial rate fixed up to and inc. 30/06/2026Then changing to the Society's SVR less a discount of 0.75%, up to and inc. 30/06/2029, (currently)Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVBorrower share availableProduct Fee
5.14% 7.49%8.24%7.7%75%85%£0 View
Max loan amount £1,000,000
5.14% 7.49%8.24%7.8%75%90%£999 View
Max loan amount £600,000
5.39% 7.49%8.24%7.7%75%90%£0 View
Max loan amount £600,000
5.64% 7.49%8.24%7.8%75%95%£999 View
Max loan amount £500,000
5.92% 7.49%8.24%7.8%75%95%£0 View
Max loan amount £500,000
RATES CORRECT AS AT 7 march 2024

Representative Example

A mortgage of £110,000.00 payable over 25 years initially on a fixed rate for 2 years at 5.92% and then a 0.75% discount on our current Standard Variable Rate of 8.24% giving a rate of 7.49% for 3 years and then on our current Standard Variable Rate of 8.24% for the remaining 20 years would require 24 monthly payments of £702.63, 36 monthly payments of £804.92 and 240 monthly payments of £851.37.

The total amount payable would be £250,204.04 made up of the loan amount plus interest of £140,169.04 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 7.8% 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.

3 Year Shared Ownership Fixed Rate Mortgages

Initial rate fixed up to and inc. 30/06/2027Then changing to the Society's SVR less a discount of 0.75%, up to and inc. 30/06/2029, (currently)Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVBorrower share availableProduct Fee
5.29% 7.49%8.24%7.5%75%90%£0 View
Max loan amount £600,000
5.69% 7.49%8.24%7.6%75%95%£0 View
Max loan amount £500,000
RATES CORRECT AS AT 7 march 2024

Representative Example

A mortgage of £100,000.00 payable over 25 years initially on a fixed rate for 3 years at 5.69% and then a 0.75% discount on our current Standard Variable Rate of 8.24% giving a rate of 7.49% for 2 years and then on our current Standard Variable Rate of 8.24% for the remaining 20 years would require 36 monthly payments of £624.84, 24 monthly payments of £727.25 and 240 monthly payments of £769.22.

The total amount payable would be £224,596.04 made up of the loan amount plus interest of £124,561.04 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 7.6% 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 rate fixed up to and inc. 30/06/2029Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVBorrower share availableProduct Fee
4.53% 8.24%6.9%75%85%£999 View
Max loan amount £1,000,000
4.67% 8.24%6.9%75%85%£0 View
Max loan amount £1,000,000
4.74% 8.24%7.0%75%90%£999 View
Max loan amount £600,000
4.83% 8.24%6.9%75%90%£0 View
Max loan amount £600,000
5.14% 8.24%7.1%75%95%£999 View
Max loan amount £500,000
5.26% 8.24%7.1%75%95%£0 View
Max loan amount £500,000
RATES CORRECT AS AT 7 march 2024

Representative Example

A mortgage of £160,000.00 payable over 25 years initially on a fixed rate for 5 years at 5.14% and then on our current Standard Variable Rate of 8.24% (variable) for the remaining 20 years would require 60 monthly payments of £9474.77 and 240 monthly payments of £12080.36.

The total amount payable would be £3,468,806.60 made up of the loan amount plus interest of £1,867,772.60 and application fee £0, product fee £999, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 7.1% 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 Equity Fixed Rate Mortgages

Initial rate fixed up to and inc. 30/06/2029Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
5.09% 8.24%7.1%90%£0 View
Max loan amount £600,000
RATES CORRECT AS AT 7 march 2024

Representative Example

A mortgage of £100,000.00 payable over 25 years initially on a fixed rate for 5 years at 5.09% and then on our current Standard Variable Rate of 8.24% (variable) for the remaining 20 years would require 60 monthly payments of £589.25 and 240 monthly payments of £754.43.

The total amount payable would be £216,453.20 made up of the loan amount plus interest of £116,418.20 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 7.1% 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 »