Your Home May Be Repossessed If You Do Not Keep Up Repayments On Your Mortgage.

Shared Ownership – Fixed Rate 90% LTV fixed until 30.04.2025

Maximum Loan To Value (LTV)
90% LTV of proposed share
Initial Interest Rate
5.75% (fixed until 30th April 2025)
Follow On Variable Rate until 30.04.2030, currently:

Followed by our Standard Variable Rate thereafter, currently:

The Overall Cost for Comparison is
8.30% APRC
Interest Calculated
The following is a representative example based on a mortgage of £157,152 payable over 25 years initially on a fixed rate of 5.75% until 30th April 2025, a further discounted rate of 7.49% until 30th April 2030, followed by our Standard Variable Rate of 8.74%. In this example you would make an initial payment of £1,247.87, 18 monthly payments of £1,000.30, 60 payments of £1,165.40 and 221 monthly payments of £1,272.60.

The total amount payable would be £370,696.87 made up of the loan amount plus interest of £213,269.87 and the following costs, a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£175.00), and a Mortgage Exit Administration Fee (£75.00).

The overall cost for comparison is 8.30% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.
Early Repayment Charge
2.50% of the redemption balance until 30th April 2024.
1.50% of the redemption balance until 30th April 2025.
Application Fee
There is no Application Fee payable for this product.
Scheme Fee
There is no scheme fee payable for this this product.
Mortgage Exit Administration Fee
£75 (paid on redemption).
Standard Valuation Fee
Paid directly to valuer by the applicant – see Valuation Fee Scale for details.
A standard mortgage valuation is required on all properties.
Minimum - 18
Maximum - 85 (Interest Only and Part & Part Mortgages)
                 - 90 (Repayment Mortgages)
Minimum – 2 years
Maximum – 40 years
Loan Size
Minimum - £50,000
Maximum – £400,000 (Maximum Loan amounts vary by LTV, please refer to our current criteria for details)
Minimum Share of Property Value – 25%
Maximum Share of Property Value – 75%
Loan of up to 90% of the proposed share. The property must be a part of the grant funded scheme in England and Wales and to be let under standard lease arrangements which is to include the mortgagee protection clause.
For more information on the shared ownership scheme please visit:

Available to customers for mortgages secured against their main residential property. This product is available for residential houses only. This product is not available in the Greater London, Outer South East and Outer Metropolitan areas, for confirmation of acceptable areas and property types speak to your mortgage advisor. Designed for borrowers with a limited deposit. The mortgage must be taken on a capital repayment basis. With a discount variable product payments vary as interest rates change. Available to customers who meet our standard lending criteria.  Non-standard products are available.
Some property types and locations are not acceptable, speak to your Chorley Building Society mortgage advisor for more information.
With a variable rate product, payments may vary as interest rates change.
The Society will allow overpayments of up to 10% of the capital balance per annum without invoking an early repayment charge.
You can keep this mortgage should you move to a new property. This mortgage is portable subject to your status meeting our criteria.
Buildings insurance is compulsory in all instances.

This is a limited issue and the Society reserves the right to withdraw this scheme without notice at any time.

At Chorley Building Society, we aim to help you find the mortgage that’s right for you and provide you with the best possible service. Whether looking to purchase a home or remortgage, we are here to help.

What you can expect from us:

  • Individual advice from friendly, qualified mortgage advisers.
  • A personal service – one point of contact.
  • A flexible approach to your lending needs.
  • A choice of interest-only or capital repayment methods, or a combination of both.
  • Legal & valuation incentives (subject to product terms and conditions).
  • We will guide you every step of the way.

Step 1

Book an appointment

Meet one of our mortgage advisers who will explain all your options, services and procedures clearly. No jargon. No pressure. Just honest, trusted professional advice with your interests at heart.

Contact Form - How to Apply

Step 2

Prepare for your appointment

To ensure we provide you with the best possible service, please review the following and bring as much information as possible to your appointment.

For more information, please contact us on 01257 235001


Documentation Required View
Budget planner View
Identification criteria View
Gifted Deposit declaration form View
Open Banking View

Mortgage Payment

Amortization Calculator


Monthly Payment


Total Interest Payable


Total of Payments
(Principal + Interest)


This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage. All the information required will be provided during an interview with one of our mortgage advisers in a European Standardised Information Sheet.

We accept business from Appointed Representatives (ARs) and Directly Authorised (DA) intermediaries. However you must be registered via a Network or a Mortgage Club to submit a Decision in Principal or Application to us.

All cases are underwritten individually by our qualified underwriters. Call the mortgage team on 01257 235001.


Buy to Let Calculator

Please note that any fees you wish to add, should be added to the BTL loan amount




Monthly Mortgage Payment


Monthly Mortgage Payment (Stress Tested)


Rent minus 10 day annual void


MIN BTL Rental Figure Required 125% (Basic Rate)


MIN BTL Rental Figure Required 148% (Higher Rate)


Please note that earned income in addition to the rental income( top-slicing) can only be considered by exception

This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage.

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The Society will collect your email address as an alternative means of communication if we cannot reach you via telephone. This data will not be used for any other purpose.