Shared Ownership FAQ

Can you do 100% mortgage on shared ownership?

In some cases, it may be possible to obtain a 100% mortgage on the share you are purchasing, but this is less common and options can be limited.

Most shared ownership mortgages still require a deposit, often around 5% to 10% of the share price. The positive is that the deposit is based only on the share you are buying rather than the full property value, which can make it far more achievable.

Lender criteria and product availability change regularly, so it is important to review current options carefully.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.

Still weighing it up?

Every situation is different. Have a free, no-obligation chat and we will give you a straight answer for your circumstances.

01529 300500

What clients say

700 verified reviews, rated 5.0

257 reviews on Google and 443 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor

VouchedFor

Seth was instrumental in securing our mortgage renewal, offering clear guidance and support at every step of the process. We couldn’t have asked for better help.

Verified client in Lincolnshire

Review of Seth Jackson

VouchedFor

We had been stuck in the rental trap for 15 years and struggling to save the required deposit to purchase our own home, especially given our levels of debt we accrued during our younger years. Seth literally gave us hope and showed us exactly where our finances needed to be to get the amount of money we would need to borrow. On our initial visit, we were not in a position to purchase the house we wanted. 4 months later, following his guidance we had our mortgage offer! Absolutely, we moved into our forever home two days ago! Absolutely nothing. Seth was a pleasure to work with, patient, understanding, non-judgemental, cares about his clients and clearly knows his stuff!

Verified client in Lincolnshire

Review of Seth Jackson

VouchedFor

not knowing where to start and without experience of how to choose the best option Nick help and advice me to choose the bespoke’s mortgage for me Yes Give me a coffe more

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

Advice on a mortgage renewal Nick gave advice on all the mortgage options available to me. Nick was fantastic , taking time to explain all the options and ensure that I had full understanding of the process. Yes, fantastic service. Would highly recommend. Absolutely Nothing

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

We used Nick to buy our first home and then again when we were ready to move again. This is the second time we’ve used Nick and his team and we had no hesitation in contacting him again to help us when we sold our property to buy a new one. His expertise and advice are second to none and he goes beyond the extra mile to get the best outcome for us. We really couldn’t have done either move without him! Absolutely! Nothing, he was perfect.

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

I wanted to discuss options for possible mortgage and equity release details. He has provided information to enable me to potentially make big life decision. Discussed mortgage options and equity release information. Yes. Seen options. N/A

Verified client in Lincolnshire

Review of John Hallam

700

Five-star reviews

5.0★

Average rating

Read all 700 reviews

From first chat to front-door key

Let’s make your move simple

Free, no-obligation consultation. We listen, compare the whole market, and hand you a clear plan, no jargon.

Free until your offer is approved No jargon, no pressure Whole-of-market advice

Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Our service is free until you receive a fully approved mortgage offer. There may then be a charge which, depending on your circumstances, will typically be £299, payable upon receipt of an approved mortgage offer. Our fee is discounted to £199 for Armed Forces and Blue Light Card holders.

Our fee is discounted to £199 for Armed Forces and Blue Light Card holders.

For remortgages, if best advice is to switch rates with your existing lender then we charge no fee at all.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.
As with all insurance policies, conditions and exclusions will apply.
Not all Buy to Let Mortgages are regulated by the Financial Conduct Authority.
Equity release is arranged by introduction only.

Spolton Mortgages is a trading style of Spolton Ltd, which is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA Number 993383.

Founded and incorporated on 7 August 2017. Spolton Mortgages is a trading name of Spolton Ltd (FCA Number 993383). Registered Company Number: 10903440 (view on Companies House). Registered in England and Wales.

Registered Office: Spolton Ltd, Spolton Mortgages, 6 Mill House, Carre Street, Sleaford, Lincolnshire NG34 7TW.