Quick links:
► Click here for our Owners area where you can do your own Illustrations online. It’s easy and totally free
► We are proud of our Treating Partners Fairly achievements Click here
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► A simple process
Once the Owner-Partner has decided they want to join the Joint Equity Scheme they are listed on our Investment Register highlighted in the Investor Alerts and added to the investment section of the Investor’s Newsletter
The Investors Newsletter is available to both registered and non-registered Investor-Partners, and provides the Investor-Partner with basic details.
However, only Registered Investor-Partners can access the Investment Register and request Illustrations which provide detailed information on the investment. If the investment suits the Investor-Partner they can then reserve it. For details of how to become a Registered Investor-Partner please follow this link.
► Contracted Investment Category
There are 2 categories of reservation within the Joint Equity Scheme :-
Contracted - where the Owner-Partner (OP) has found a specific property and has made an offer. The OP has paid their commitment fee and started the application for a Joint Equity mortgage.
A 1st reservation in this category requires you to pay the Investor-Partner commitment fee. This fee is refunded when the purchase is completed or if we fail to find the Owner-Partner a mortgage. This fee is not refunded if the Investor-Partner does not proceed after reservation is accepted.
We will take up to 2 secondary reservations, as reserves, which do not require commitment fees.
A 1st reservation in this category requires you to pay the Investor-
We will take up to 2 secondary reservations, as reserves, which do not require commitment fees.
► Provisional Investment Category
Provisional - where the OP has had a Joint Equity Illustration and is actively looking but has not yet found a property.
A reservation in this category does not require a commitment fee and gives you first option when the OP has found their property and moves to the Contracted category. The reservation can be withdrawn by the Investor without costs being incurred.
As with Contracted we can accept a 1st reservation and 2 secondary reservations for each property in the Provisional category.
A reservation in this category does not require a commitment fee and gives you first option when the OP has found their property and moves to the Contracted category. The reservation can be withdrawn by the Investor without costs being incurred.
As with Contracted we can accept a 1st reservation and 2 secondary reservations for each property in the Provisional category.
► Investment Status
The Opportunity Register and the Investor Weekly Newsletter include the status of investments. There are 4 investment status levels:
Open – no reservations have been accepted yet
1st – the first reservation has been accepted (the commitment fee has been paid, if applicable)
2nd – the second reservation has been accepted
Closed – all three reservations have been accepted
1st – the first reservation has been accepted (the commitment fee has been paid, if applicable)
2nd – the second reservation has been accepted
Closed – all three reservations have been accepted
Reserving an Investment in the Joint Equity Scheme
► 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.
