What companies offer a mortgage for a shared ownership property?
Have phoned a few this morning and so far they have said no to a mortgage for 50% or so. help if you know the answer!
Answer
A lot of high street lenders will stay away from that sort of thing you would be best off to speak to a specialist mortgage company such as gmac, ge are international also kensington, rainbow home loans etc are uk companies that spring to mind. would be best to seek advice of independant mortgage advisor/ financial advisor. if you are in the uk then it is nice
to know that the mortgage industry is bnow governed by the fsa
than the mortgage code so you should only get the best advice.
note that a specialist mortgage lender will charge a higher interest rate than you would see in the high street.