Shared Equity
Currently known as the Government’s “Open Market Home Buyers Scheme”, it enables you to buy 75% of the property using a mortgage from a select number of lenders, and the remaining 25% is a “top-up” home loan from the mortgage lender and the Government.
After 5 years a small amount of interest is payable on the top-up shared equity loan, which is fully repayable when you sell the property.
We do not make a charge for an initial consultation.