We are aware of scams involving individuals being offered loans for an advanced upfront fee. With the fraudster posing as a representative of a financial services organisation. At Pepper Money we do not charge any fees before the application stage. We would not approach you directly in this way. Your broker will be able to tell you what fees and charges the product you’re applying for has, and when they will be charged. If you think you have been a victim of such a scam, please contact your bank immediately and report it to action fraud.

Shared Ownership Mortgages

A simpler path to Shared Ownership mortgages

We provide mortgages to first-time buyers, home movers, and landlords who are often overlooked. Pepper Money has a dedicated team that looks at each mortgage application on its own merits combined with our positive lending attitude to help people succeed.

We understand unexpected life events and financial mistakes happen that could impact your credit history. If your credit score isn’t in top condition or if you’ve missed a few credit card payments, we believe this shouldn’t get in the way of the next chapter.

We’ve expanded our range to include Shared Ownership mortgages for one simple reason: to help more hopeful homeowners find their way onto the housing ladder.

Shared Ownership is an excellent option for many, but for too long, there has been no place for people who miss out due to strict lender criteria.

What is Shared Ownership?

Shared Ownership is an excellent option for many. Play our video to find out if it's the right option for you.

Are you a hopeful homeowner?

Here’s what you need to know about our Shared Ownership mortgages including a handy timeline


Find your Shared Ownership property

If you’re looking to purchase a Shared Ownership property, you will need to find a property first as you need to go through an initial process with the Housing Association.


Contact the relevant Housing Association

Now that you’ve found your property, you’ll need to contact the Housing Association who will assess your affordability for their property to ensure you meet the relevant criteria to purchase a Shared Ownership property.


Suitability check

The Housing Association will decide on your suitability for the property, you will receive the go-ahead to proceed with the next step of your property purchase.


Find a mortgage adviser

Not all mortgage advisers can help with Shared Ownership mortgages, so make sure you conduct some online research first.


Upload your documents

Upload your documents to your adviser – Some of the typical documents you’ll need are listed here

One of these essential documents:

  • Valid passport,
  • Valid photo card driving license (full or provisional),
  • National Identity Card Firearms certificate or shotgun license,
  • Identity card issued by the Electoral Office for Northern Ireland

One of these additional documents:

  • Current council tax bill,
  • or statement Non-internet generated bank statements,
  • or credit card statements or utility bills.

Decision in Principle

Your mortgage adviser will get an Decision in Principle Your mortgage adviser will assess whether in principle you could afford to make repayments on a proposed Shared Ownership property.


Application submitted

Application submitted with Pepper Money Good news! Your official mortgage application has begun.


Property valuation

A valuation will be conducted by an independent surveyor on our behalf.


Your Official Mortgage offer

Once our human underwriters have assessed your application and are confident you can afford your repayments, we will issue a formal mortgage offer.


Documents & funds exchanged

If you accept the terms of the mortgage, your conveyancer will assist with signing the final contract, deeds and completion of Stamp Duty forms. They will also exchange funds between you, Pepper Money and the developer.


Collect the keys

The day you’ve been waiting for has arrived – you can collect your keys and start the new step of your journey in your new home.

Frequently asked questions

At Pepper Money, we’re ready to challenge convention, read between the lines and see the story behind the numbers.

Thinking about applying?

We have the answers we often get asked by potential applicants.

Application in progress?

Read our FAQ's in you're in the process of applying for a mortgage.

Got a mortgage with us?

If you have a mortgage with Pepper Money, we have all you need to know.