Equity Share
Buy Now or Later?
You may be thinking that, with all the economic uncertainty, now is hardly the time to be getting into the property market.
You could be wrong. Recently the RICS notched up the 11th consecutive monthly increase in the number of enquiries by first time buyers. According to another survey by Rightmove, two-thirds of first time buyers believe that now is a good time to buy.
Increasing demand, coupled with a shortgage of supply, pushes up prices. Small wonder then that the Nationwide Index of House Prices has shot up 8.9% since February 2009. Or that Taylor Wimpey have announced 10% price rises on newbuild properties. So if you are waiting for the bottom of market, you could be hanging around for a long time.
The main problem is finding the necessary deposit. To quote Miles Shipside, Rightmove's commercial director: "Now could be a good window of opportunity for first time buyers if they can get a decent deposit together. The market appears to have bottomed out and there are still bargains out there."
That is where EquityShare comes in. We will take your 10% deposit and transform it to 25%, giving you access to the best property opportunities.
Model your own EquityShare purchase by trying the Calculator opposite.