There's a significant number of people in Northern Ireland who have the affordability to access a mortgage on a share of a property, but remain locked out of the market. When your team understands Co-Ownership, and can recognise when it's the right fit, you're able to offer a path to home ownership for these people, and turn them into customers.
Implementing this is often easier than you think. Our pre-assessment process means customers arrive with you having had their affordability and credit history already checked and have a Co-Ownership Approval. You'll undertake your own checks, of course, but there's reassurance in knowing that an assessment has already been undertaken.
The Co-Ownership Approval clearly states the property value we're committing to, and they'll be asking you for a mortgage on the remainder. This is where familiarity with how Co-Ownership works really helps – your team can feel confident discussing options and answering questions about the process – and we'll support you in building that familiarity.
Why partner with Co-Ownership?
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Co-Ownership customers have already passed our affordability assessment and credit checks with Experian.
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You're working with a government-backed, established organisation.
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We've been delivering shared ownership for over 45 years, and we know that track record matters when building a partnership.
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To date, we've helped over 35,000 people become homeowners.
Lenders already working with Co-Ownership
"Progressive Building Society is proud to partner with Co-Ownership, united by a shared goal of helping local people build secure futures by taking their first step onto the property ladder. Through this partnership, we have helped hundreds of customers turn their home buying ambitions into reality - customers who may otherwise have struggled to achieve this milestone."
How we can help
We're happy to arrange for our Business Development team to visit your branches, attend your homebuyer events, or speak at staff training sessions. We can meet with your customers to discuss how shared ownership works, or be on hand to answer questions and share case studies showing the impact for homebuyers.
If you'd like to work together on joint communications or marketing, we'd love to discuss that, and we can provide marketing materials for your branches and events, including product brochures to help customers understand the options available. Submit your requests for marketing materials via our Marketing assets form.
Together we can help more customers achieve what they want - a home of their own.
FAQs
Let's work together
If you're interested in becoming an approved lender with Co-Ownership, get in touch with our Business Development team to discuss the process involved, and opportunities available.
