Shared Equity

Own 100% of your dream home - pay just 85% of the price

Now you can afford a new home.

Reserve now and you'll get:-

How does the scheme work?

Mortgage finance is arranged on 85% of the purchase price. The remaining 15% becomes a second loan from Keepmoat Homes secured on the property, although there is no interest or rent payable.

When do I have to repay the 15% balance?

The 15% is repayable when you sell or transfer your home, or within 10 years, whichever is sooner.

Can I repay the 15% early without selling?

Yes, you can either repay in part or in full at any time, subject to valuation.

How is the market value of the property determined?

The average of 2 independent valuations will be taken at the point of resale, transfer, early repayment or at the end of the 10 year period.

Can I buy a property to rent out?

Sorry - the Keepmoat Homes scheme is only available for those buying a home to live in.

What happens if I improve my property?

Do I have to pass 15% of the increased balance on to Keepmoat Homes?

No-the market value at the end of the period is less any improvements.

What if the market value of my property decreases?

The repayment is 15% of the market value at the point of resale, transfer, or the end of the 10 year period, even if this is less than the original purchase price.

What happens if I cannot repay the 15% after 10 years?

Each individual set of circumstances will be reviewed and the loan period may be extended for up to a maximum of 5 years.

How do I apply?

Speak to your Keepmoat Homes sales executive who will refer you to our Keepmoat Homes mortgage advisor. If you decide to proceed with a loan, you will be asked to use a solicitor recommended by Keepmoat Homes.

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