Shared Ownership Mortgages from UK - Kent Reliance Building Society

A loan to finance the purchase of a home under a shared ownership scheme

	Shared ownership Q&A
	For shared ownership - your questions answered Click here
	Mortgage products available for shared ownership and also borrowers:
	We offer shared ownership schemes for up to 100% of the share being purchased (up to a maximum of 75% of the value of the property and subject to minimum share of 25% being purchased) on the following products:-

Products	Rate % p.a.	Booking fee
Standard variable rate 75% LTV	7.59%	N/A
25 year fixed rate 75% LTV	5.75%	£935
Correct as at 21 April 2008


	Fees
	Valuation fee per scale Administration fee and/or Booking fee - refer to product
	Interest charged
	Monthly
	What happens if you move house ?
	Our mortgage products are portable. If you move during a fixed or discounted period the remaining benefit can be transferred to your new mortgage with us, in which case only any additional borrowing would be at a new rate (subject to lending criteria at the time of any future move)

Extra features

Free Mortgage Payment Protection Insurance for 6 months

Notes

	The Administration and Valuation fees are payable on application
	Other fees and charges may apply during the term of the mortgage
	Minimum age 18

For more information about our mortgages go to Useful Info/About Our Mortgages

All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged over 18 unless otherwise stated and security will be required on property. Written quotations available on request.

Mortgage Payment Protection Insurance may be required and a Higher Lending Charge may be payable. Calls to Kent Reliance Building Society may be recorded and/or monitored for customer service and training purposes.

Kent Reliance Building Society is authorised and regulated by the Financial Services Authority for general insurance and regulated mortgages and is covered by the Financial Ombudsman Service. Kent Reliance Building Society, Reliance House, Sun Pier, Chatham, Kent ME4 4ET.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.