Magee Mortgage Solutions are experts in Co Ownership Mortgages.
Co Ownership is an option for many people when getting a mortgage on their own is not an option. need Affordability, No or Low deposit, or debt issues, they can offer the solutions. You buy a place together. You buy the share that you can afford, between 50% and 90%, and Co Ownership cover the rest.
You pay the mortgage on your bit and pay Co Ownership rent on their bit (did we mention that you don’t always need a deposit with Co-Own? Some lenders take the Co Own share instead of a deposit). Because the rent Co Ownership set is lower than the market rate and the mortgage you need is smaller, your monthly repayments could be less than they would be if you’d bought it outright.
When you’re able to, you can increase your share in your home bit-by-bit until you own it all.
Since Co-Ownership was founded in 1978, they have helped over 29,000 people buy their first home, and they currently have over 9,000 Co-Owners. Could you be their next moving story?
Magee Mortgage Solutions is registered in Northern Ireland with Registered address: 12 Hollybrook Grove, Newtownabbey, BT36 4ZR
Magee Mortgage Solutions is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:435779).
First Complete Limited’s permitted business is advising and arranging mortgages and non-investment insurance advice. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk or by contacting the FCA on 0800 111 6768.
We may charge a fee for Mortgage Advice of up to £195. The amount we charge will depend on the amount of research and administration involved.
We do not charge a fee for arranging your Protection or Insurance.
This website is intended for people over 18 years of age who are resident in the UK only. The website and the information contained therein should not be regarded as an offer or solicitation to conduct business in any jurisdiction other than the UK.
These pages provide generic information about various aspects of financial services advice that we provide. We hope they are helpful to you but they do not on their own add up to recommendations and we cannot take responsibility for anything you do in reliance on them without further discussion with us.
Please do not make a decision based upon the information contained within these pages alone. Contact us for further advice to enable you to make an informed decision based upon your individual circumstances.