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Mortgage Advisor & Director
About the scheme
Shared Ownership - Wales helps those who are unable the full purchase price of a home through savings and a mortgage.
The scheme allows you to own a percentage of the property, ranging from 25%-75% of the total value, and pay rent on the remaining share. You are able to increase your share in the property over time - known as 'staircasing'.
Eligibility and conditions
- You must take out a repayment mortgage.
- The property must be from a participating landlord
- Your annual household income must not exceed £60,000.
- You must not own any other property, or if you do, have experienced a change in circumstances.
- You are unable to afford a suitably sized property on the open market.
- Renting the property is not permitted.
More information
Our team of experienced advisors have helped many people to secure the best deal possible on their Shared Ownership mortgage, complete our simple online form today to get started!
More information can be found on the Welsh Government website.
Choosing an Adviser
Selecting a qualified and experienced mortgage adviser is of great importance. To choose a suitable adviser, evaluate their qualifications, experience, and reputation, and ensure they are regulated by the Financial Conduct Authority (FCA).
Read reviews from previous clients and make sure they provide a clear explanation of the products and services they offer, as well as the fees and charges associated with them.
