Shared Ownership Mortgages in Spalding
Are you looking for Shared Ownership in Spalding? You’ve ended up in the right place. Talk Mortgage Broker Spalding is one of Spalding’s leading Mortgage Brokers, and we are here to help provide you with the best options for you.
Buying your share in your Shared Ownership home
The share you can buy is usually between 25% and 75%. You can buy a 10% share of some homes.
You can take out a mortgage to buy your share or pay for it with savings. You’ll also need to pay a deposit, usually between 5% and 10% of the share you’re buying.
You can buy more shares in your home in the future. This is known as ‘staircasing’. If you buy more shares, you’ll pay less rent. The amount of rent you pay will be based on the landlord’s share.
Who is Talk Mortgage Broker Spalding?
At Talk Mortgage Broker Spalding, we aim to provide you, the customer, with no obligation and helpful advice concerning your mortgage needs. The journey begins with a no-obligation consultation with one of our advisors, who specialise in comparing hundreds of deals to meet the needs of each client.
Our brokers will assist you with finding the perfect mortgage and applying for it, and then there to congratulate you at the end of the process. Advisors at Talk Mortgage Broker are there for new and existing homeowners, those looking to reduce their monthly spending, and professional investors.
Have a conversation with our friendly team today!
Getting the most valuable deal with a buy to let mortgage involves a fair bit of research and comparison. Talk Mortgage Spalding will do all the legwork for you – we explore your specific situation and find good value deals to meet your needs. We’ll look at rates, fees and criteria to recommend a suitable first buyer mortgage deal.
Contact us today for advice and recommendations on your Shared Ownership Mortgage options.
Because we play by the book, we want to tell you that… Your home may be repossessed if you do not keep up with repayments on your mortgage.