How does a mortgage work on shared ownership?

24th November 2020

You buy a share of a property and you would pay a monthly mortgage in addition to paying the Housing Association rent who would also own the property with you. Over time you can buy additional shares of the property and this is an option you can look into when remortgaging your property, it is advised to speak with a Mortgage & Protection adviser when doing so.

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Thank you to the Charters team for their help with our Mortgage. Mark was a huge help, professional and responsive throughout the process. I would highly recommend them for anyone looking to navigate the house buying process. Thank you all!

Adam K

November 2020

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