Co-Ownership Mortgages
Need a little extra help to find your happy place?
There are lots of reasons why you might need a little help to buy a home – from affording the monthly payments to raising a deposit.
Co-Ownership is a shared ownership scheme that helps home buyers take their next step on the property ladder – whether buying for the first time or moving home.
Shared ownership means you buy as much as you can afford of your chosen home and Co-ownership buy the rest. You can buy between 50% and 90% share of the property, you pay the mortgage on your bit and pay rent on the Co-Ownership share. When you’re able to, you can increase your share in the house bit-by-bit until you own it all.
For more information about Co-Ownership visit their website co-ownership.org.
To borrow with Progressive Building Society, you must be over 18. Whether we provide credit will depend on your circumstances. Lending terms and conditions apply.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Use our mortgage calculator below
Use our mortgage calculator to view our current mortgage deals. You’ll get an idea of how much you could borrow and compare monthly payments. This calculator is for illustrative purposes only and is not a mortgage offer. To get a Decision in Principle, talk to our mortgage team.
Use our Mortgage Calculator to find the right mortgage for you.
Mortgage Summary
Your mortgage summary will appear here when you start using the calculator.
Speak to our team today
We’d love to talk you through the mortgage process and help you find a suitable product. For more information or to apply for an account, you can call us, email us, pop into one of our 11 branches. We look forward to hearing from you.