The Shared Equity UK scheme for buyers

How it works

The way the Shared Equity UK scheme for affordable home ownership works is very simple. Let's Move offers a part-buy part-co-invest scheme for individuals, families or group of friends enabling them to buy their own home.

The Home-Buyer (that's you) chooses any property and purchases between 25% & 75% of the home, and the Shared Equity UK Investor-Buyer buys the rest. The Home-Buyer pays something we term Investor's Return on the part they don't own.

You (the Home-Buyer) get to treat your home as your own, you can improve, decorate, maintain generally as you wish and we have also given you the option of sub-letting rooms to help cover costs if you like.

Let's Move is able to make the Shared Equity UK scheme work because we ask you to stay with us for a minimum of two years. This is the minimum amount of time required for the Shared Equity UK scheme to be worthwhile for our Investor-Buyers. Subsequently you could move house if you so wish before the two years, however there may be penalties to pay should you decide to leave.

What you get

Basically, the Shared Equity UK scheme creates a Co-Buyers partnership between the occupier (the Home-Buyer) and the investor (the Investor-Buyer) which allows everyone involved to achieve their aspirations - you get a home of your own and benefit from any rise in the value of your property, and the Investor maintains a low risk, fair return on his investment.

With the Shared Equity UK scheme you share in the capital growth of your home (proportional to your Co-Buyers Share of the property), and you could save money because you probably will be paying out less each month than if you rented the same property from a landlord.

Let's Move looks after the interests of both parties, managing the process and ensures that the co-buy relationship is well maintained and both parties are honouring their side of their contractual obligation.

Remember, you can buy any kind of property anywhere in the country, re-sale or new build, simply check out your local newspaper or visit your local high street Estate Agent to research the types and location of property available in your local area. Any such property can be made affordable to you with the Shared Equity UK scheme.

Related site links:

Shared Equity UK Home Buyer costs

Case Study

Request Illustration

Frequently Asked Questions

How we do it and what's in it for our investors?

Let's Move recruits the Investor-Buyers who want to invest in property and are looking for alternatives to the traditional buy-to-let market. They are attracted to our Shared Equity UK scheme because it offers lower risk and reduced deposits and removes the need for a letting agent and the typical landlord-tenant responsibilities.

Most of our Investor-Buyers are also keen to help others enter the property ladder and have adopted a more ethical approach to property investment.

The Investor-Buyer shares in the capital growth of the property with you, and the amount you pay in Investor's Return covers their mortgage repayments and expenses.

What next?

You could request a free and without obligation Home-Buyer's illustration and information pack, detailing the Shared Equity UK scheme and showing your home purchase, closing costs and monthly charges. Visit Request Illustration .