DWM Mortages
Linked In Logo Twitter Logo Facebook Logo
Call us today

Calling from Mobile

01803 526 171

Freephone Number

0800 0149 370

INDEPENDENT
MORTGAGE ADVISOR
IN PLYMOUTH
& SURROUNDING
AREAS.

CALCULATOR

Mortgage Type
Loan Value £
Interest Rate %
Term (Yrs)
Monthly Repayment:
Mortgage calculation is an estimate subject to your credit rating. This calculation is not a mortgage offer.

Shared ownership mortgage schemes are a Government incentive backed up by developers and housing associations in order to provide highly quality affordable housing for first time buyers and other key workers.

How do shared ownership mortgages work?

The shared ownership mortgage scheme works by property buyers 'sharing' the ownership of the property. On the initial purchase you will typically buy 25/50/75% of the total property value. The remaining 75/50/25% of the property is owned jointly, usually with a housing association. They charge you a 'rent' for the section you do not own.

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

Contact us about shared ownership mortgages

What are the benefits of a shared ownership mortgage?

The main benefit of getting a shared ownership mortgage is that you get a foothold on the housing ladder and benefit from the increase to the value of your 'share'.

Also these schemes are unique in that you can 'staircase' up your ownership of the property; meaning you have the ability to buy additional sections of the property at a later date. Therefore you can start off by buying 50% of the property initially, then in 2 years buy another 25% and finally the last 25% so you own the entire property. This saves you the cost of having to 'size up' during your working life. As you increase your ownership of the property your rent decreases to reflect the increased ownership.

How can DWM Mortgages help with Shared Ownership mortgages?

Conditions vary from scheme to scheme so make sure you are happy with the terms you sign up to at the start. We can help you with this.

As shared-ownership is a niche mortgage sector not all mortgage lenders are willing to lend on these developments. As DWM Mortgages is an independent brokerage we can find the best lender for you by sourcing the entire market place.

Mortgage News Feed

Mortgage Broker in Devon

21/06/17

If you’re looking for a mortgage broker in Devon who offers independent mortgage advice, speak with DWM Mortgages Devon today

Mortgage Broker offering Independent Mortgage Advice

21/06/17

If you’re looking for a mortgage broker offering independent mortgage advice speak with DWM Mortgages today

Specialist Buy to Let Mortgage Broker in Devon

08/03/17

If you’re looking for a specialist buy to let mortgage broker in Devon DWM Mortgages Devon are the mortgage brokers for you. With access to the whole market and specialist buy to let lenders, DWM Mortgages Devon are the mortgage brokers for you!

Specialist Buy to Let Mortgage Broker Devon

08/03/17

If you’re looking for a specialist buy to let mortgage broker, DWM Mortgages are the Mortgage Brokers for you!

Best Rates with Devon Mortgage Broker

02/02/17

If you’re looking for a mortgage broker in Devon with the best mortgage interest rates, speak to DWM Mortgages Devon today!

Mortgage Advise

28/10/16

Taking out a mortgage will probably be the biggest financial commitment you ever make so make sure that you get advice from an independent mortgage broker in Devon

1st Time Buyer Mortgages DWM Logo
House Mortgage

If you’re thinking of buying your first home, we can help.


Shared Ownership Mortgage DWM Logo
Family outside house graphic

For shared equity mortgages, give us a call.


Read More
Remortgages DWM Logo
Two houses graphic

If you want to remortgage your property, call us

Read More
Mortgage Protection DWM Logo
House under magnifying glass graphic

Free whole of market insurance advice available at
DWM Mortgages

Read More
Buy to Let Mortgages DWM Logo
House behind pound sign

Build your portfolio with our access to the whole market

Read More
Wills DWM Logo
Pen and paper graphic

Protect your estate with a Will, we are qualified Will Writers

Read More