Help to Buy Options

We are proud to offer two help to buy options on selected Mount Green homes and developments:

1. Help to Buy: Shared Ownership – where you part buy, part rent your home.
2. Help to Buy: Equity Loan – where the Government lends you up to 20% of the cost of your new home

Help to Buy: Shared Ownership

At Mount Green, we are very proud to offer shared ownership properties through the Help to Buy: Shared Ownership scheme.  Shared Ownership gives those who cannot afford to buy a property on the open market an opportunity to step onto the home ownership ladder by owning a legal share of their home.

Shared ownership is simply part buying, part renting your home. The initial share (25%-75%) is purchased by means of a mortgage from a building society in the normal way. A subsidised rent is then payable to Mount Green for the remaining share. There may also be service charges to pay on top of the rent.

After one year’s ownership, you can, if you wish, purchase further shares in your home until you own the property outright. So we can help you into full home ownership in manageable stages. Alternatively, you can remain a shared owner indefinitely.

We offer shared ownership sales on new build properties, and we help our existing shared owners to move on when they are ready, so we have what we call re-sales to offer too.

Help to Buy: Equity Loan

With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You won’t be charged loan fees on the 20% loan for the first five years of owning your home. 

Mount Green is able to offer the Help to Buy: Equity Loan scheme on some of our developments.