ibs logo

Give us a call on 0330 123 1073

Monday - Friday 9.00am - 5.00pm

0330 123 1073

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

The return of shared ownership - now available

Today we have re-entered the shared ownership market, bringing you 3 products now available up to 95% of the share, including a 5-year fixed deal.

90% share

  • 2-year fixed @ 3.25%

95% share

  • 2-year fixed @ 3.74%
  • 5-year fixed @ 3.99%

All of our shared ownership products benefit from no application, completion or valuation fee.

Shared ownership criteria

  • Max loan £500,000
  • Available for purchase and remortgage
  • For purchase includes new build houses and new build flats up to 10 storeys
  • Flats above good quality commercial on a case-by-case basis
  • 50% ERC free overpayments as standard
  • Ability to staircase
  • For properties throughout England and Wales

Click here to view our shared ownership products.

Commenting on the return of shared ownership Charlotte Grimshaw, Head of Intermediary Relations, said: “It’s great to be back in the shared ownership market once again. Our previous range was very popular and, having implemented other crucial changes to our products and lending criteria, we have been committed to bringing these products back into our range to make buying a home more accessible.

“In particular, I’m excited about our 5-year fixed rate product, which should provide borrowers with comfort and security over their mortgage repayments, offering stability over a longer time period. Additionally, as the affordability assessment for this 5-year fixed rate product is calculated on product pay rate only, rather than applying a stress scenario, this will further help those looking to borrow".

If you have shared ownership clients in mind our support team is on hand to help. Give us a call us on 0330 123 1073.