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London, 9th March 2006 — At Prime Minister’s Question Time Wednesday 8th March, Tony Blair said that we needed “more imaginative ways to ensure that people, and especially young people, are able to own a home for the first time”.
London-based company, Joint Equity, has been offering just that for over 6 months and provides much more than is offered under the Government’s own shared-ownership schemes.
“Tony Blair wants UK business to step-forward and help struggling first-time buyers.” Brad Bamfield, Founder of Joint Equity states. “The Government schemes alone can’t provide for all the people that should be able to purchase their own home, and I am afraid that the big banks and building societies aren’t
really doing anything at all, that’s why I launched Joint Equity.”
Joint Equity uses capital from individual private property investors, rather than taxpayer’s funds, to help first-time buyers purchase a home of their own, and purchasers can choose almost any home, anywhere – they are not restricted to designated ‘affordable’ housing, or properties on Housing Association estates. Joint Equity also operates throughout the UK.
Tamsin Fox-Davies, Marketing Director for Joint Equity: “I was lucky when I bought my first flat 6 years ago, as my Dad was able to help me out. That just isn’t an option for most people, but now they have a viable alternative with Joint Equity”.
Where Housing Associations have limited fund allocations and eligibility criteria, Joint Equity is more accessible to a wider range of people, as Joint Equity Owners just need to be earning, and have reasonable credit histories.
The “imaginative” solution sought by Tony Blair is
The Imaginative Solution for First Time Buyers
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.