For the use of mortgage intermediaries & other professionals only

Shared Ownership updates

From Thursday 15 February, we are expanding our Shared Ownership proposition by reducing the minimum share the customer must be purchasing for New Build properties from 25% to 20%. This will help more customers commence a home ownership journey using a Shared Ownership scheme.

The minimum customer share for purchase of an existing home (not New Build) through a Shared Ownership resale scheme, or for remortgages remains as 25%.

Our website Criteria ‘Shared Ownership’ section has been updated.