Over the past year, Just Mortgages New Build Division has seen a rise in enquiries and sales from home buyers interested in shared ownership.
With house prices out of reach for many people and restrictions on Help to Buy introduced in April 2021, more people are turning to shared ownership. It is a more affordable way to get a foot on the housing ladder as only a 5% deposit of the share of the property being bought is needed.
In light of this interest, Just Mortgages is hosting its first annual New Build and Affordable Housing Event on 31 March at Whittlebury Hotel, Northampton.
The full day event is free to attend and focuses on the financing of shared ownership and the role of housing associations, local authorities, developers and lenders. There will be an exhibition, seminars and panel sessions featuring key lenders within the shared ownership space.
Speakers include: Homes England, Barclays, Halifax, Santander, Nationwide, Skipton Building Society, Mortgage Brain and more.
John Doughty, financial services director, Just Mortgages New Build Division, commented: “All of our brokers across the whole of the country are receiving much more interest in shared ownership than they ever have before. In addition, housing associations are providing more new shared ownership homes as well as seeing a rise in enquiries. We felt it was an ideal time to get people together who shared a common interest in affordable home ownership. Our New Build and Affordable Housing Event is a first for the sector and will be a great learning and networking opportunity for lenders, housing associations and other interested parties.”
