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► Click here for our Owners area where you can do your own Illustrations online. It’s easy and totally free
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About the Joint Equity Scheme
► How Joint Equity works
The way the Joint Equity Scheme for shared ownership works is very simple: we offer a part-buy, “part-rent”* scheme for individuals, families or groups of friends who want to buy their own home.
The Owner-Partners are not restricted to where or what you can buy as with Government and Housing Association schemes.
The Owner Partner chooses any property and purchases between 50% & 75% of the home, with the Joint Equity Investor-Partner buying the rest. The Owner Partner pays an Investment Return on the part they don't own.
The Investor-Partner is not a landlord and has neither the rights or obligations of a landlord. That means the Owner-Partner is responsible for maintenance, such as boiler inspections, and also that the Investor-Partner can not inspect the property.
However, the Joint Equity Partner’s Contract protects your investment and rights.
► What you get
► How we do it
You’re probably wondering where we get our money, and why we'd want to operate the Scheme. It’s fairly straight forward: Joint Equity works on behalf of people who want to invest in property, but who don't want all the management headaches associated with buy-to-let.
We charge a fee to our Investors for introducing them to their Owner-Partner and for managing the relationship between them.
► The ethical perspective for our Investors
Most of our Investor-Partners are also keen to help others as a by-product of their investments. Of course, all investments should make money for the investor, and The Joint Equity Scheme is no exception.
► A short tie-in period
The Owner-Partner has a minimum 2 year tie-in period however, the Investor-Partner can not force a sale on the Owner-Partner.
That does not mean that you can not get at your capital just that the Owner-Partner is protected. For information on how to release your capital click here.
* We use the term ‘rent’ and ‘investor return’ interchangeably. What we mean by this is the return that you get for helping your Owner-Partner to buy their home. It’s not really a ‘rent’, because you are not a landlord, and don’t have the same rights or responsibilities as a landlord (although your interests are protected by our partner’s contract).
► In this section:
The Joint Equity Scheme & Investing
The Joint Equity Scheme & Investing
The Joint Equity Scheme is for first-time buyers, home owners and property investors. This site is developed and maintained by Joint Equity ltd. ©Joint Equity (2006)
Joint Equity Ltd works with Mortgage Beaters Ltd to provide case studies & Illustrations to prospective Owner-Partners & Investor-Partners. Joint Equity Ltd does not carry out any regulated activities and so is not regulated by the FSA (Financial Services Authority). Joint Equity Ltd are introducer appointed representatives of Mortgage Beaters Ltd, which are authorised and regulated by the Financial Services Authority.
The content of this website is accurate to the best of our knowledge and for information only. We do not provide financial advice.
