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Shared ownership mortgages allow you to buy a share of the property and pay rent on the remaining portion, usually to a housing association, when property is not affordable to purchase outright. Should affordability allow, individuals can gradually increase towards full ownership over time, a process known as staircasing.

Our shared ownership mortgages are available on qualifying properties across England and Wales with pre-approved housing associations registered with the Homes and Communities Agency or Help to Buy Wales Ltd.

All mortgage applications are assessed on a case by case basis by our mortgage team without the use of automated credit scoring systems.

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*Mansfield Building Society are an introducer to Mortgage 1st for mortgage advice. Mortgage 1st is a trading style of Mortgage 1st Limited, which is an appointed representative of Stonebridge Mortgage Solutions Ltd, and is authorised and regulated by the Financial Conduct Authority. Mortgage 1st Limited is on the Financial Services Register under firm number 484231.

We do not charge a fee for referring you to Mortgage 1st. If you choose to speak to Mortgage 1st, we want you to know that we may receive a referral fee from them for that introduction (this only happens when completion of a new mortgage occurs, or you take out an insurance policy via Mortgage 1st). The fee is paid by Mortgage 1st, not you, and it does not affect the interest rate, fees, terms of the mortgage, or any other costs relating to the mortgage. You’re free to use a different broker or approach a lender directly if you prefer. If you’d like more detail on the referral fee and how this works, we’re happy to explain.

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

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*Mansfield Building Society are an introducer to Mortgage 1st for mortgage advice. Mortgage 1st is a trading style of Mortgage First Limited, which is an appointed representative of Stonebridge Mortgage Solutions Ltd, and is authorised and regulated by the Financial Conduct Authority. Mortgage 1st Limited is on the Financial Services Register under firm number 484231.

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