Mortgage News
Mansfield Building Society launches shared ownership initiative
Mansfield Building Society has launched an exclusive shared ownership initiative with South Yorkshire Housing Association (SYHA).
Under the scheme, buyers can initially own up to 60% of the property with rent paid to SYHA on the remaining balance. They have the ability to borrow up to 100% of the amount to cover their share of the purchase price.
Applications for the products will be channelled through Crucible Homes, a subsidiary of Mansfield Building Society and MB Simply Mortgages, a subsidiary company of SYHA.
