Co Ownership ¦ Irwin Financials

CO-OWNERSHIP

In the event that you are finding it difficult to access sufficient funds to enable you to buy the house that you want, you may be entitled to CoOwnership support.
With a scheme such as this, you buy a share of the property and CoOwnership buy the remainder. You pay a mortgage on your share and a rent to CoOwnership for the rest. You may not need a deposit, and when you can afford to, you can buy back the CoOwnership share step by step until the entire property is yours.
This is another option for getting on the property ladder for those people starting out who may not have sufficient funds right now. This scheme is available for properties throughout Northern Ireland.
You can find more information on Co-Ownership NI by clicking on this link: https://www.co-ownership.org/
(Please note that you will be departing from the regulatory site of Irwin Mortgage a& Financial Services. Neither Irwin Mortgage & Financial Services or PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site)

Whilst the majority of our clients are based in the Derry / Londonderry and Limavady areas, we also offer appointments at offices throughout Northern Ireland at a location and time to suit you including weekends and outside of normal office hours.

Email: [email protected]
Tel: 07355 063439
Mail:
44 Summerhill, Prehen, Derry / Londonderry BT47 2PL
or
138 Ballyquin Road, Limavady BT49 9EZ

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Most Buy to Let mortgages are not regulated by the Financial Conduct Authority
Irwin Mortgage & Financial is a trading name of Louise Irwin who is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited. First Completed Limited is authorised and regulated by the Financial Conduct Authority
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Trading address - 138 Ballyquin Road, Limavady, BT49 9EZ
This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity

The Process

STEP 1

After a quick conversation, we can usually tell you how much you can apply for in respect of your new mortgage. Some of the documents you will need to provide are bank statements, proof of deposit, proof of income, ID.

STEP 2

When your application has been approved in principle and you have found a suitable property, we will then submit a full mortgage application for approval on your behalf. The lender may request a survey on the new property before a final decision is given, the survey will be arranged for you.

STEP 3

When the full decision has been made and the application has been approved, a mortgage offer will be issued to you and your solicitor. Your solicitor should let you know when they are ready to see you but it is always a good idea to give the Solicitor a call at this point.

STEP 4

At this stage, you need to ensure your insurances have been reviewed and you have adequate cover in place to protect you and your home. Applications can be made for any cover required.

STEP 5

On completion of the legal work the Solicitor will request the mortgage money from the lender and will pay this money together with any deposit you have made, to the seller's Solicitor.

STEP 6

You get the keys to your new home! If you are remortgaging, any additional money will be forwarded from your Solicitor to you, by prior arrangement.

Ready To Talk About CoOwnership?

Call
028 777 66548
07355063439

Email
[email protected]
Facebook
@imfslouiseirwin

Arrange To Talk To An Adviser

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Most Buy to Let mortgages are not regulated by the Financial Conduct Authority
Irwin Mortgage & Financial is a trading name of Louise Irwin who is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited. First Completed Limited is authorised and regulated by the Financial Conduct Authority
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Trading address - 138 Ballyquin Road, Limavady, BT49 9EZ
This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity