We outline the differences between the two popular affordable housing schemes.
At Newbury Building Society, we understand obtaining a mortgage and buying a home can be a daunting task.
But it needn’t be scary. As a mutual building society owned by its members, we are committed to ensuring you have the tools you need to kick start your homeownership journey in confidence.
What is Shared Ownership?
A good place to start is our website; jam-packed with useful articles and guides on topics such as Shared Ownership and Help to Buy Equity Loan.
To help you on your way, have handpicked the best articles from our Shared Ownership archive; a government supported initiative closely aligned to our core values of helping local people buy a home. If you’re new to Shared Ownership you might like to take a look at our A slice of the Shared Ownership pie infographic, for example.
We believe everyone has the right to own their home, and Shared Ownership is a good place for you to start if you’re looking for a slice of the property pie.
For those who… do not understand Shared Ownership
Shared Ownership explained: is it for you?
If you’re not sure if Shared Ownership is suitable for you, watch our short video to find out how it works.
Your Shared Ownership questions answered
Roger Knight, Lending Manager and dedicated Shared Ownership Coordinator talks to Sovereign Living Housing Association to answer some of their burning questions about the scheme.
Is Shared Ownership the key step to buying your own home?
Everything you need to know about the initiative and much more.
For those who… what to read success stories
My Shared Ownership story: turning the dream into a reality
At 25 years old, Sian Dennis took her first step onto the property ladder by purchasing an apartment through Shared Ownership.
My Shared Ownership story: how I went from 40% to 100%
After the breakdown of her marriage, Maxine Allen and her two children moved into a Shared Ownership property. This is her staircasing story.
My Shared Ownership story: why a slice of the pie is better than none at all
Tom and Becky Reynolds didn’t want to rent, so instead they turned to Shared Ownership to grow their equity nest egg.
For those who… want to understand the benefits of Shared Ownership compared to other housing schemes
The benefits of Shared Ownership
From needing a smaller deposit to buying further shares when you can afford to, our handy infographic outlines the benefits of Shared Ownership.
Can Shared Ownership really help me onto the property ladder?
Our Direct Sales Manager, Luke Pummell, answers a members’ question about purchasing a Shared Ownership property as a singleton.
For those who… want to ditch the rumours
Shared Ownership myth busting
Cut through the rumours and discover what Shared Ownership really can offer you.
Myth busting: Shared Ownership
We separate fact from fiction.
For those who… don’t know where to turn too
Why we should be your affordable housing lender of choice
Luke Pummell, Direct Sales Manager, highlights how Newbury Building Society can help you achieve your home ownership dream.
For those who… want to know something else
Why you can have it all
Our Operations and Sales Director, Phillippa Cardno, discusses how a lack of awareness could be shadowing the golden opportunities Shared Ownership offers.
Why Jennifer Aldridge has the wrong idea about Shared Ownership in The Archers
An oldie but a goodie: BBC Radio 4’s popular radio drama touches upon issues regarding unaffordable housing and a lack of education about the scheme.
If you are looking for a Shared Ownership mortgage, please contact us and arrange an appointment. We provide a tailored and individual service, and we are available for Saturday appointments.
Further information on our Shared Ownership mortgages can be found here.
Remember: if you find mortgage jargon confusing then you’re not alone. Visit our full mortgage glossary for a complete breakdown of the terms you need to know.
YOUR MORTGAGE IS SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.