Simple Solutions for Complex Situations
At Goodnews Mortgages, we understand that buying a home can be expensive, especially for first-time buyers. That’s why we offer shared ownership mortgage, an affordable way to get on the property ladder by purchasing a share of a home and paying rent on the rest. Low credit score causing hurdles in your home-buying journey? Our team provides expert guidance, helping you purchase a share of your home and rent the remainder. We offer friendly service to streamline the process and increase your chances of success, ensuring you find the right Shared Ownership option for your situation and affordability.
Looking to get on the property ladder? Shared Ownership makes buying affordable and manageable.
Buy a portion of the property for a smaller deposit and lower monthly payments compared to buying a home outright.
You can rent the remaining part of the property, making it easier to manage your finances while still owning a share of your home.
You can gradually buy more of the property over time, known as “staircasing,” until you fully own it as finances improve.
Shared Ownership empowers you to invest in both new and existing homes, offering a range of options to suit your needs.
Shared Ownership Mortgage Provider & Broker with Flexible Rates in UK Specialists in complex, Residential, Buy To Let and Commercial mortgages. Adverse credit, multiple incomes, self-employed, or on a visa? We have a solution.
Right Mortgage Options for your unique financial situation, even with low credit scores.
Quick and easy process that matches you with the best mortgage options, without long delays.
With several approvals every month, we have handle complex situations so well, they start to look simple.
3 simple steps to getting a shared ownership mortgage.
We’ll begin by talking through your financial situation and mortgage needs to find the best options for you. This discussion ensures we understand your goals and can tailor the process to meet them effectively.
Next, we’ll gather and organize all necessary documents, such as proof of ID, income and credit history. Having complete and accurate documentation is essential for a smooth and successful mortgage application.
Finally, we’ll submit your application to the lender and address any additional requirements. Once approved, you’ll receive a formal offer, allowing you to move forward with securing your mortgage.
Looking for a stress-free way to own a home? Our team provides expert guidance. Contact us now to benefit from reduced upfront costs and flexible ownership options.
At Goodnews Mortgages, we understand that buying a home can be expensive, especially for first-time buyers. That’s why we offer shared ownership mortgage, an affordable way to get on the property ladder by purchasing a share of a home and paying rent on the rest.
A shared ownership mortgage allows you to buy a percentage (typically between 25% and 75%) of a property and pay rent on the remaining share, which is owned by a housing association. Over time, you can increase your ownership share through a process called “staircasing,” potentially owning the entire property.
At Goodnews Mortgages, we specialize in helping buyers navigate the shared ownership mortgage process. Our expert advisors will:
We’re committed to making homeownership accessible to everyone. With our extensive experience in shared ownership mortgage solutions, we help you find the right mortgage that fits your budget and future plans.
Goodnews Mortgages Ltd is an appointed representative of CityPlus Network Ltd, authorised and regulated by the Financial Conduct Authority (FRN 787508 – https://register.fca.org.uk/).
YOUR PROPERTY MAY BE REPOSESSED IF YOU DO NOT KEEP UP WITH THE MORTGAGE PAYMENTS. MOST BUY-TO-LET MORTGAGES ARE NOT REGULATED.
You may be entitled to refer to the Financial Ombudsman Service if you have a complaint about us. Ways to complaints are explained on their website www.financial-ombudsman.org.uk. Their support team can be contacted on 0800 023 4567. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
