A good way of getting from the home ladder is by a Shared Ownership scheme
Santander Shared Ownership mortgages
Run by a Housing Association. The Association owns part of the property and you take a mortgage out on the rest with these mortgages.
You spend lease regarding the right an element of the home owned because of the housing relationship and have the capability to staircase – based on affordability checks – to get a greater share associated with property, all of the way until complete ownership. (more…)