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Co-Ownership

Co-Ownership is a government funded scheme and is designed to help purchasers onto the property ladder.

It is an option for those with a low or NO deposit, or when the affordability criteria for a full mortgage is not within their reach. It is for many an affordable way to get onto the property ladder.

A Co-Ownership mortgage is where you buy a share of a house that you can afford, between 50% and 90%, and Co ownership Housing buy the rest. 

You pay the mortgage payment to your lender and pay Co ownership Housing the rent payment on their loan part. When you are in a position to do so, you can increase your share in your home bit-by-bit until you own it all.  This is known as staircasing.

We would always advise clients to familiarise themselves with Co-Ownership when considering this as an option to buying a home in Northern Ireland. Please visit About Co-Own | Shared Ownership Northern Ireland | Co-Ownership
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

You are now departing from the regulatory site of KW Mortgages. Neither KW Mortgages or PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site.

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How to find us
155 Spencer Road Derry-Londonderry BT47 6AH

CONTACT

Kelli Wilson trading as KW Mortgages is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority. 

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

We do not charge a fee for initial consultation or insurance advice. However, depending on your circumstances and the mortgage product, if we charge a fee it will range from £250 - £300, which will be payable on receipt of a formal mortgage offer. The fee will be discussed and agreed with you at initial consultation.  

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

+44 7834 029614
office@kw-mortgages.com
Kelli Wilson trading as KW Mortgages is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority. 

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

We do not charge a fee for initial consultation or insurance advice. However, depending on your circumstances and the mortgage product, if we charge a fee it will range from £250 - £300, which will be payable on receipt of a formal mortgage offer. The fee will be discussed and agreed with you at initial consultation.  

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

© 2022 KW-Mortgages | Kelli Wilson Mortgages & Protection
© 2022 KW-Mortgages | Kelli Wilson Mortgages & Protection
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