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Shared Ownership Mortgages

Shared Ownership Mortgages

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What are Shared Ownership Mortgages?

This is a special type of mortgage used when you only want to buy a share of a property, typically 25% – 50% initially. This is often referred to as a part buy/part rent scheme. They are particularly popular with people buying for the first time because normally you can do it with a smaller deposit than if you were buying 100% of a property.…

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