Using a shared equity schemes come with a catch.
There are many different forms but most allow you to gain access to a home faster. It is not your home.
Depending on the scheme, when you buy them out, they can take up to 75% of the increase of your home’s value.
Watch out for schemes that have these downsides:
– You might be forced into expensive loans.
– Limited choice of what home you can buy.
– Strict time limit to buy.
– They let you pay for improvements, they profit from your work.
Our Leg Up is simple, it’s your home, your choice, your loan. Have access to the best loan rates from the major banks or other providers if you prefer.