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Monday - Friday 9.00am - 5.00pm

Coronavirus: important information

0330 123 1073

Mon - Thu 9am - 5pm
Fri 9am - 5pm
Sat 9am - 1pm

Shared Ownership


Due to the operational challenges created by the COVID-19 pandemic, we have temporarily restricted our lending criteria and withdrawn a number of products.

Visit the FAQs for up to date details.


We've always support initiatives to help first time buyers get on the property ladder and have been lending on shared ownership mortgages for a number of years.

If you have clients looking for a practical and flexible alternative to a traditional mortgage, speak to us. We offer shared ownership mortgages for purchase and remortgage, up to a maximum of 95% of the share including on new build houses and flats. What's more, we'll also accept gifted deposits on loans up to 90% LTV of the share and there are no completion, application or CHAPS fees on our products.

Key features of our shared ownership mortgages

  • Loans available up to 95% of the share with a maximum advance of £500,000
  • Minimum share is 25% with a minimum advance of £50,000
  • We welcome staircasing to 100% where the applicant increases their mortgage borrowing in order to purchase more shares in their property
  • Available for purchase or remortgage from a shared ownership loan from another lender
  • No completion, application or CHAPS fees
  • All deals feature fee free overpayments up to 50% of original loan amount
  • No maximum age limit
  • Flats accepted up to 10 storeys
  • Gifted deposits accepted up to 95% of the share where applicants can provide 12 months’ rental evidence, or up to 90% of the share without previous rental history
  • Exclusive affordability calculator where property is less than ten years old, using reduced ONS household and communication expenditure
  • Employed, self employed, pension and investment income considered when assessing affordability
  • New build houses accepted
  • We can assess zero hour contract workers with 18 months' employment history
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