Harrogate office - 01423 317002 ----- London office 0208 1763176 ----- Royal Leamington Spa office - 01926 757368 info@quercusmortgages.co.uk

Shared Ownership

Shared ownership could be your step onto the property ladder. 

This home ownership scheme allows you to buy a share in your home (normally 50%) and rent the remaining share. Over time, you can buy more shares in your home. 

Don’t be confused by the term ‘shared ownership’. It does not mean that you will share your home with anyone else – you will have sole occupancy rights. But the ownership will be shared between you and a landlord or similar company.

Shared ownership properties are usually offered for sale by housing associations. You buy a share of a property, and pay rent to the housing association for the remainder. Your monthly outgoings will include repayments on any mortgage you have taken out, plus rent on the part of the property retained by the housing association. Later, as you can afford it, you may be be able to increase your share until you own the whole property.

Ready to Talk?

We love to hear from clients old and new. Give us a call today or complete our simple online enquiry form and we'll be in touch very soon.

Harrogate Office

01423 317002

London Office

0208 1763176

Royal Leamington Spa Office

01926 757368

email

info@quercusmortgages.co.uk

Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage.

Quercus Mortgage and Financial Solutions Ltd Registered office: 4th Floor, Silverstream House, 45 Fitzroy Street, london, England W1T 6EB Registered in England & Wales No: 14594651.

Quercus Mortgage and Financial Solutions Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 992065) for mortgages, protection insurance and general insurance products.

Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

We will charge you a fee of £395 when we submit your full mortgage application to the lender.