Buckinghamshire launches into shared ownership

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Buckinghamshire Building Society has launched new shared ownership mortgage products.

The lender will distribute through First Complete appointed representative Censeo Financial.

Buckinghamshire is offering a fixed rate and a discount product with a maximum 90 per cent LTV.

A Buckinghamshire statement says the firm wants to expand into what it sees as a growing market.

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Buckinghamshire Building Society chief executive Andrew Craddock says: “For those who lack a large deposit, access to a 90 per cent LTV mortgage can really make the difference to them being able to achieve the goal of owning their own property.

“As a mutual building society our ethos is to support and help everyone in the local community and with house prices high in the south east this is a way for many people to get started.”