Shared Ownership - 2 Year Fixed Rate 95% LTV (fixed until 30.04.2027)

2.50% of the redemption balance until 30th April 2026.

1.50% of the redemption balance from 1st May 2026 until 30th April 2027.

There is no Application Fee payable for this product.

There is no scheme fee payable for this product.

£50.00 (paid on redemption).

Paid directly to valuer by the applicant – see Valuation Fee Scale for details.

A standard mortgage valuation is required on all properties.

Minimum – 18 years

Maximum – 72 years

Minimum – 2 years

Maximum – 40 years

Minimum - £50,000

Maximum - £400,000

Minimum Share of Property Value – 25%

Maximum Share of Property Value – 75%

Loan of up to 95% 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: 

https://www.gov.uk/shared-ownership-scheme

Available to customers for mortgages secured against their main residential property. This product is available for residential houses only. For confirmation of acceptable 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.

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.