Remortgaging your shared ownership home

Remortgaging means taking out a new mortgage on your existing property. This could be to replace your current mortgage with a better deal or to borrow extra money.

To remortgage your shared ownership home, you'll need our permission.

Your lease requires us to approve any new mortgage. To apply, please contact us with:

  • Your new mortgage lender's details
  • A valuation of your property
  • Your current mortgage redemption figure
  • The reason for the remortgage
  • A final copy of your mortgage offer (before we can give consent)

If you’re remortgaging to become the sole owner and remove an ex-partner, please also let us know if you’re increasing the mortgage to cover their share of the property.

Want to know more? Get in touch by filling in this form - Shared ownership application