HOLD Scheme Mortgages | Fee-Free Advice

How We Can Help With Your HOLD Mortgage

Understanding how the HOLD scheme works, from checking your eligibility to applying through a participating housing association, is an important first step. Once you have been approved for the HOLD shared ownership scheme, you can then start exploring your mortgage options and how much you could be able to borrow.

At Boon Brokers, our mortgage advice is completely free. You’ll have your own dedicated adviser throughout, who can compare mortgage options from more than 90 lenders, help establish how much you may be able to borrow and answer any questions you have along the way.

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End-to-end support and guidance
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Once approved for the HOLD scheme, contact one of our fee-free mortgage advisers.

Expert Advice

Your broker will listen to your purchase requirements and provide a proposal.

Mortgage Offer

Your broker will submit your application and await your mortgage offer.

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Can I Get a Mortgage Through the HOLD Scheme?

Yes. You can take out a mortgage to purchase your share of a property through the HOLD (Home Ownership for People with Long-Term Disabilities) scheme. HOLD follows the Shared Ownership model, and depending on your circumstances, your share may be funded using a standard or specialist mortgage alongside your deposit. You will then pay rent to the housing association on the share it owns.

Do I Need HOLD Approval Before Applying for a Mortgage?

Yes. You will first need to approach a participating housing association in the area you wish to buy and be approved to proceed through HOLD. Once approved, a mortgage broker can help establish your borrowing potential and arrange a mortgage agreement in principle before you progress with your property search.

Can I Get a HOLD Mortgage if I Receive Benefits?

Yes. Receiving benefits does not prevent you from getting a mortgage for a HOLD shared ownership purchase. However, lenders do have different criteria around the different types of benefits and other income they will accept, and so your mortgage options will depend on your individual circumstances.

How Much Can I Borrow for a HOLD Mortgage?

There is no exact borrowing limit that applies to every HOLD mortgage. How much you may be able to borrow will depend on your income, financial commitments, deposit and the lender's individual affordability criteria.

Can I Get a Mortgage Agreement in Principle for HOLD?

Yes. A mortgage agreement in principle can give you an initial indication of how much you may be able to borrow for your HOLD purchase. Boon Brokers can help you compare suitable lenders and arrange an agreement in principle once you are ready to explore your mortgage options.

How Much Does HOLD Mortgage Advice Cost?

At Boon Brokers, our mortgage advice is completely free. You won't pay us a broker fee for our advice or for arranging your mortgage. Instead, if your mortgage completes, we receive a commission directly from the lender, so there is no cost to you for using our mortgage advice service.