Affordability calculator

*Results displayed for monthly mortgage payments assumes constant interest rate in Years 1 - 5.
Homebuyer Shares

With FairShare you can opt to buy a starter share of a property between 50% - 90%.

Interest Rates

The results displayed for monthly mortgage payments assumes a constant interest rate in Years 1 - 5.
Actual mortgage interest rates and deals available to applicants will be determined by the lenders.

FairShare Monthly Rent

FairShare annual rent charged in Years 1 & 2 is equivalent to 1% of the FairShare Value.
FairShare annual rent charged in Years 3 & 4 is equivalent to 1.75% of the FairShare Value.
FairShare annual rent charged in Year 5 and onwards is equivalent to 2.5% of the FairShare Value.
(subject to annual review).

Important FairShare notice

FairShare rents are changing from 1st May, 2018
FairShare rent is currently set at 1% per annum for the first two years; 1.75% per annum for years three and four; and 2.5% per annum from year five onward (subject to annual review). All new applications received from 1st May 2018, will be subject to a flat rate FairShare rent, set at 2.5% per annum from year 1 onward (subject to annual review).

Property eligibility criteria are changing from 12th April, 2018

The eligibility criteria for the type of properties which may qualify for help under the Fairshare scheme have changed. From 12th April 2018, only new-build properties will be eligible for the FairShare scheme.