Why do I need a Mortgage Advisor?

When looking to purchase a new home, a mortgage advisors can help you understand your affordability. Your affordability basically determines how much a bank lender is willing to loan you to purchase a new home. 

A mortgage advisor can determine how much you would likely be able to borrow based on your personal circumstances i.e. how much do you earn through employment, and how much your outgoings are on car payments and other bills etc. 

A mortgage advisor will be able to use this information to look at the mortgage lender market and help you obtain a mortgage product that is right for you. 

It is recommended that if you are buying a home through an affordable housing product like Shared Ownership or London Living Rent, you use a mortgage advisor with experience of these products.

Recommended Mortgage Advisors

See our recommended mortgage advisors with Shared Ownership experience. 

Contact - Bobby Stewart, 01702 831310, [email protected]

Location - Senator House, 85 Queen Victoria Street, London EC4V 4AB

Website - https://arrangemymortgage.com/

Contact - 01442 860700,[email protected]

Check your Shared Ownership affordability

Want help understanding your personal finances and whether you can afford to buy a home through Shared Ownership?

To help, we have created a Shared Ownership Affordability Calculator to help you quickly assess what you can afford before diving into the home-purchasing journey. Our calculator is designed to give you a clear picture of what you can realistically afford in today's housing market.

Your property

Adjust the sliders to get an estimation of your monthly costs

£500,000
30Years
10%
25%
5.0%

*The Shared Ownership affordability calculator should be used for guidance only and you should speak to an Independent Mortgage Advisor for more details about costs of buying with Shared Ownership.

Homeowner Stories

Discover a collection of homeowner stories from previous Peabody New Homes purchasers and find out how we were able to help them onto the property ladder and find their dream home through Shared Ownership, London Living Rent and private sale.

woman walking her dog in Thamesmead
Single first-time buyer finds dream Shared Ownership home in South East London

"I was scared but I took a leap of faith with Peabody New Homes, they were really caring and accommodating."

Mary Homeowner at The Reach in Thamesmead
woman sipping on her drink while admiring Battersea view from her balcony
Shared Ownership in Battersea makes buying a London home possible for first-time buyer

"It’s a 10/10 apartment, the quality here is exceptional!"

Ekta Homeowner at New Mansion Square in Battersea
woman leaning on her kitchen counter posing for photo
Josephine's home buying journey through Shared Ownership

"It's great to be living in a buzzing new area that is both affordable and has plenty to offer!"

Josephine Homeowner at Motion in Hackney
woman leaning over balcony guard of her shared ownership flat in Wimbledon
25-year-old turned homeowner thanks to Shared Ownership

"I couldn’t be happier to have found The Switch, and to have got on to the property ladder by myself in south west London - it’s a real achievement. "

Anastasia Homeowner at The Switch in Wimbledon