For many of the UK’s would-be buyers, getting a foot on the property ladder feels out of reach. Even the savviest savers seem destined to a lifetime of renting, as hopeful bids to squirrel away money in an attempt to grow a savings pot large enough to form a deposit are inconsequential. A week of the year dedicated to making the dream of owning their own home a reality, Shared Ownership Week, provides a lifeline and valuable support to aspiring homeowners hungry to buy their first property.
So Resi is making Home Ownership possible, allowing you to buy a share of your home, with a lower deposit, smaller mortgage and monthly payment on the rest. You start by buying between 25% – 75% of your home. That means your monthly mortgage and deposit are smaller than they would be if you bought your home outright. You can buy a bigger share of your home in the future, and even own 100%.