Buying property with friends

Introduction to buying property with friends

buying property with friends More and more first time buyers are buying property with friends to get on the property ladder. At www.sharetobuy.com we have created the 'share to buy mortgage', a tailor-made service for friends buying property together.

The share to buy mortgage includes:

  • Exclusive mortgages for friends buying property together that are not available anywhere else, such as our Share to Buy Exclusive with Britannia that will take not just one or two, but three or four incomes into account.
  • In addition, we have a broad range of lenders on our panel including the 'high street' names and specialist providers, and our focus on shared mortgages with friends has given us the experience and knowledge of how different lenders will treat people buying property with friends.
  • We provide a free and comprehensive joint ownership legal agreement to cover the key issues of owning property together, setting out important points such as each person's share in the property and each person's share in the joint mortgage.
  • For all of the above shared mortgage services we do not charge a fee at any point - we know that it can be hard enough for first time buyers raising the money to buy a house!

Got a legal query on joint mortgages with friends? Contact our panel of solicitors with specialist knowledge of joint ownership cases, including friends buying together.

Next steps

If you have had an offer accepted on a specific property or are looking at properties in earnest you may wish to submit a no fee, no-obligation agreement in principle application to see how we could assist. Alternatively, if you have any queries on the legal side of buying with friends, such as what happens if someone wants to leave, or if you are already in a co-buying relationship and need legal advice, please contact our partner solicitors who specialise in joint ownership legal services. There is no charge for sending an initial query and no obligation to use our partner solicitor.

Latest News

100% shared ownership mortgages and great 90% open market deals

20th January 2012

We now have access to 100% shared ownership mortgages. Customers can access zero deposit mortgages for part buy part rent but they must have no adverse credit history. More details here. We have also cut our open market 90% exclusive discount rate with no fees or early repayment charges. Read about our 10% deposit option for young professionals and first time buyers.

Shared ownership 2012

9th January 2012

We look forward to an exciting year for first time buyers in 2012. At Share to buy, we are optimistic that 2012 will bring new products and opportunities in shared ownership and affordable housing. As always, we will reguarly be adding properties tn our shared ownership property website. We also hope to bring forward exciting new mortgages for part buy part rent and open market first time buyer 90% mortgages.

For more information go to the share to buy home page.

 

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