You can switch mortgage providers or change to a new product with your current provider but you may need legal representation to do this. Please contact us regarding the fees payable to do this and for more information.
You need to own a minimum percentage of your property, and you'll have to check with us for our requirements. Additionally, you may need to provide information about your income and the property's market value, and it's advisable to consult a mortgage advisor familiar with shared ownership properties to explore your best options.
You can use the funds released from remortgaging to buy more shares in the property. This is known as staircasing, and can eventually allow you to own the property outright, if the lease permits. You can also switch to a new mortgage rate to secure a better deal.
Remortgaging a shared ownership property can take around six weeks from offer to completion.
Please contact us for details on the applicable fees and more information.
Read our shared ownership mortgages guide for more information on how shared ownership mortgages work and how you can ensure you have one that fits your budget and lifestyle.
At Aster, we're proud to offer beautiful shared ownership homes across the South of England as well as London. Our homes are perfect for those looking to make a great start on the property ladder and take advantage of all that this incredible area has to offer.
Our aim at Aster is to find you a home, not just a house – and with shared ownership, you can find a home in a lovely location that may otherwise be out of your reach, just get in touch!
Aster is a leading provider of shared ownership properties, helping individuals and families achieve their dream of buying a home. With a strong commitment to affordability and accessibility, Aster offers a range of shared ownership options to suit different needs and budgets. Whether you’re looking for a cosy apartment or a spacious family house, Aster has something to match your aspirations and financial situation.
Our aim is to make buying a home a reality for those who may otherwise be unable to afford it. We believe that everyone deserves a safe and secure place to call their home, and we’re dedicated to providing the support and guidance needed to make that happen. Through our shared ownership scheme, we aim to help individuals and families take their first step onto the property ladder and start building a brighter future. With Aster, you can move closer to buying your dream home without the high deposit cost.
We can help! Speak to our team today!
Contact Us 01380 735 480
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