Just Mortgages claims to have seen growing demand for Shared Ownership, handled by its new build division.
It says new build enquiries and mortgage numbers are up on 2024 and continue to increase year-on-year.
Just Mortgages claims its success in this space is underpinned by a “deep partnership with developers, housing associations, and introducers nationwide.”
The team has more than doubled in size since 2022, growing from 16 to 34 dedicated advisers, making it one of the largest specialist teams in the UK mortgage market. This reflects the company’s ongoing investment in serving buyers of new build homes and those exploring Shared Ownership, the firm says.
A spokesperson says: “Our strong start to the year reflects the direction of travel in the new build space and the growing momentum behind Shared Ownership as a proposition and a way to finally get on the housing ladder.
“It remains a key driver behind our leads and enquiries, as well as the conversations we have with clients and those we meet at events. As ever, appetite is not the issue but ability and Shared Ownership is certainly helping to answer this.
“… Alongside the government’s emphasis on housebuilding, developers remain proactive and keen to support deals, while availability and support for Shared Ownership among lenders and housing associations only continues to increase. From our perspective, it’s certainly an exciting time in the new build space.”
Shared Ownership, affordable housing and the government’s progress towards its housebuilding target will be on the agenda as Just Mortgages holds New Build and Affordable Housing event on April 24.