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percentage rate on a 100% shared ownership mtge

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badgerchops | 13:30 Tue 17th Jan 2006 | Business & Finance
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Does anyone know roughly what a shared ownership 100% mortgage % rate should be ? first time buyers, no adverse etc.
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Avatar Image theo_wyvern
not easy to say as it depends on what type of mortgage and lender obviously, find a mortgage advisor and they will check all current deals !
15:21 Tue 17th Jan 2006
Avatar Image coopermiss
We have a shared ownership mortgage (nearly 100% of our share of the property) and our current rate is 6.4%. It was discounted for the first year at about 5.50%. It depends on the lender, if you can afford to put a 5% deposit down you will probably get a better rate.
20:55 Sat 21st Jan 2006

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