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Can you put a large deposit down with shared ownership?

2 replies

Username87654 · 30/06/2026 21:21

I am going through a divorce and likely to end up with around £120,000 from the equity of the house.
I really dont want to rent and I think I would struggle to get a mortgage as I only work part time self employed.
I have a 21 Yr old who works full time.
I need a 2 bed, preferably with a garden for my dog. I'm my area its a minimum of £200,000.
I am looking into shared ownership but dont really know how it works. Can you put a large deposit down ? Any advice?

OP posts:
Sunshineandrainbow · 30/06/2026 21:26

Don't see why not, the ones I look at all say min deposit of......

Some have a restriction on max earnings but that doesn't sound like that would affect you.

Some also have a first time buyer restriction, at least they did when I looked.

Good luck

Tortephant · 01/07/2026 09:09

You would get a mortgage OP, I'd focus on that and owning your own home in full. Plenty of mortgages for self employed people are available.

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