Ownhome (Equity Loan)
These days it’s getting tougher to get onto the property ladder - that’s where Ownhome comes in.
Places for People and The Co-operative Bank have joined forces in order to help people who might be struggling to finance their first home.
We can provide up to 40% of the value of your purchase through an Ownhome loan – with absolutely no interest repayments for the first five years. You then choose from The Co-operative Bank’s range of competitive mortgages to cover the rest.
There’s a wide range of apartments, townhouses and mews homes available on this scheme and with an Ownhome loan of 40%, you could find the perfect property from just £85,800! What’s more, when you buy one of our homes, we’ll give you 2 years’ FREE mortgage protection.
If you’re a first time buyer or key worker with a household income of under £60,000 a year you are eligible to apply. You will need to pay a £500 non- refundable reservation fee which will count towards your deposit.
Contact our sales team to complete an Ownhome application today!
