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shared ownership

7 ways to save towards a mortgage deposit in 2020

The challenge of saving up for a mortgage deposit is often said to be the biggest hurdle faced by most first time buyers today. According to data released by Land Registry, the average price of a property in the UK is £232,944 as of October 2019. And with most mortgage lenders requiring a minimum 10% deposit, that figure would mean you’d need to put down at least £23,294! Unless you’re […]

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Government announces changes to help more people get on the property ladder

When Boris Johnson took over as Prime Minister, he pledged to address the housing market and “help a new generation to own their own home.” As part of that pledge, Housing Secretary, Robert Jenrick, has announced that changes are to come into effect to the Shared Ownership scheme – with the aim of helping more buyers get on the property ladder. The government has revealed that those with a shared […]

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A guide to Shared Ownership

I’m often asked about the Shared Ownership scheme and I tend to find that a lot of buyers are unsure how the process works, or have a lot of misconceptions and unanswered questions. The Shared Ownership scheme is a fantastic alternative that allows people the chance to get on the property ladder and affordably purchase their first home – but not everyone will qualify for it. Read below to learn […]

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