Mon - Fri 9am - 8pm 0800 0778980

Tell us about your mortgage...

£
£
Next Step Step 1 of 2

Now just a few details about you:

Step 2 of 2 Back
Prefer to Talk?

We're very approachable and we would be happy to chat.

0800 0778980 Call me back

Your home may be repossessed if you do not keep up repayments on your mortgage.

Personal service

Real, friendly experts working for you. Not comparison engines.

Comprehensive range

1000's of mortgage deals & some exclusives that other advisors can't access.

Stress Free

Arranging a mortgage can be stressful. Let us do all the paperwork, chasing and running around.

FREE Quotes and no obligation

You've got nothing to lose by letting us find a great mortgage for you.

How it Works

Provide your requirements

Enter your details in our form above, it only takes a few minutes and we keep your details secure. We only use your information to find you the perfect mortgage.

Relax whilst we get to work

We'll review your details and get to work using years of experience to find your perfect mortgage. You can speak to our trained advisors whenever you need to.

Review customised mortgages

You choose the mortgage you want, or none at all - there is no obligation. If you choose a mortgage. We will do all of the paperwork and sort it out for you.

It's a personal thing

With us, you get a personal professional service. No comparison engines and lists to compare just a great solution tailored to your needs by our experts.

Our People

We're not an anonymous call centre. Your adviser will work with you throughout the process of getting your mortgage, from the initial fact find appointment to completion.

With first-time buyers or those with a low income still struggling to get a foot on the property ladder, more and more are turning to shared ownership or shared equity to allow them to own their own property. Mortgage Key are experts in shared ownership mortgages and can help find the right one for you.

 

What is a Shared Ownership Mortgage?

If you’re struggling to find the money to buy your own property outright, then shared ownership might be the way forward. You purchase a share of the property (usually between 25% and 75% of the property’s overall value) with the rest of the property owned by a housing association. You then pay subsidised rent on the remaining share owned by the housing association and have the option to buy a greater share of the property at any point after you become the owner – a process known as ‘staircasing’.

You should be eligible for shared ownership is:

  • Your household earns £60,000 or less per year.
  • You aren’t currently a homeowner (first-time buyers or those who have previously owned a home.
  • You have adequate savings to cover the various costs – 10% deposit of the share you’re buying, stamp duty, solicitors’ fees, etc.

Find your perfect Shared Ownership Mortgage at Mortgage Key

You will need a shared ownership mortgage to help purchase your share of the property. Unfortunately, many lenders are not keen to lend on shared ownership properties, but that’s where Mortgage Key can help.

Our five star award-winning brokers will work closely with you to help you understand the mortgage process and find the best shared ownership mortgage for your needs. We will compare the prices of all the major mortgage providers to ensure you get the one that saves you the most amount of money whilst taking the hassle out of the whole procedure.

We have many years’ experience in the mortgage industry and have up-to-date knowledge of the latest government schemes and ventures. Give us a call today to discuss shared ownership mortgages and take a step towards finally getting your foot on the property ladder.