Over 55s Calculator
Let's see how much it will cost
The decision that the calculator gives you is a guide only, and not the full application assessment that takes place. This means that the decision this calculator gives you and our final decision may vary.
Co-Ownership's current property value limit is £210,000
If you have paid off your mortgage please insert £0
This is to cover estate agent fees for the sale of your home, solicitor fees, outlays and removal costs. Costs are indicative only.
This could be made up of a lump sum and/or savings.
Any savings over £26,000 must be put towards the purchase of your new home.
We have deducted £5,000 from the sale proceeds for sale expenses.
Here's your results!
What happens next?
We're delighted that we may be able to support you in purchasing your new home. If you'd like to learn more about Co-Own for Over 55s, you can call on 028 9032 7276. You can also book an appointment to speak with a member of our team, either in person, by phone, or via Zoom, whichever works best for you. For more details, visit the Co-Own for Over 55s section on our website.
This calculator is a tool for you if you hope to buy a home through CoOwn for Over 55s. The figures and shares calculated are only a guide, a full assessment of your application will take place before we can issue a Co-Ownership Approval. All applications are subject to terms and conditions and full assessment. You should not put your home on the market on the market or agree it for sale until you have received your Co-Ownership Approval. We have deducted £5,000 from the sale proceeds for sale expenses.
What happens next?
Based on the information you have provided, it would appear that you do not currently meet the criteria for Co-Own for Over 55s. Remember, you neeed to contribute between 50% and 90% of the value of the property to be eligible.
We recommend that you give us a call on 028 9032 7276 to discuss your circumstances further.
This calculator is a tool for you if you hope to buy a home through Co-Own for Over 55s. The figures and shares calculated are only a guide, a full assessment of your application will take place before we can issue a Co-Ownership Approval. All applications are subject to terms and conditions and full assessment. You should not put your home on the market on the market or agree it for sale until you have received your Co-Ownership Approval.