Shared Ownership

We accept mortgage applications on a shared ownership basis and the minimum initial share purchased by the applicant we will accept is 25%. The shared ownership rental amount must be included in the affordability calculation as an outgoing when submitting the case.

The applicant's Solicitors/Conveyancer must confirm to us that the shared ownership lease meets
our requirements and it is recommended that this is checked prior to the application being submitted.

For information about maximum LTV limits please see our products,
loan size and maximum LTV criteria as conditions apply.

If the case is not submitted via NFI Online or MTE, questionnaires must be completed in addition to the application form to provide all the information needed to process your case. These are available only from our website:

Shared Ownership Questionnaire

Please send your application and questionnaire to your allocated Service Centre.

Note on Free Standard Legals Products

If your clients select a remortgage product with free standard legals there will be additional legal work required on a shared ownership property. Please refer to our Legal Costs page for more information.