Censeo Financial
We encourage you to contact our nominated advisor, Censeo Financial, as soon as possible and get yourself on the list for your preferred home. To register with Censeo Financial please visit their website.
Censeo Financial
To apply for one of our shared ownership homes, you’ll need to complete a 2 stage affordability assessment with our nominated Qualified Mortgage Advisor. This initial assessment must be carried out by a Flagship Homes – nominated advisor, as strict regulations require us to ensure all applicants are assessed consistently and appropriately for shared ownership.
Although our nominated Qualified Mortgage Advisor can also support you with financial advice and your mortgage application, you are welcome to use any financial advisor you prefer once the initial assessment has been completed.
You may also hear them referred to as a mortgage broker or financial advisor.
A Mortgage Advisor can offer expert guidance tailored to your financial situation. Because the range of shared ownership mortgage products is more limited, it’s important to work with a specialist who understands the market and can help you find the mortgage options that best suit your individual circumstances.
We encourage you to contact our nominated advisor, Censeo Financial, as soon as possible and get yourself on the list for your preferred home. To register with Censeo Financial please visit their website.
Censeo Financial
The Advisor will review your income and expenditure at the initial assessment to check if you can afford the minimum share and meet Flagship Homes' shared ownership policies. If you pass, they’ll complete a full assessment of your finances, circumstances, and any future changes that may affect affordability. This includes a budget planner, and the Advisor will confirm what share of the home is affordable for you.
In order for the Advisor to complete the assessment you'll need to provide the following:
Once you have passed the 2 stage affordability assessment our nominated advisor can also support you with your mortgage application, however at this stage you can also choose to use any other mortgage advisor, should you wish to.
If you do choose to move forward with your mortgage with our Qualified Mortgage Advisor for the second stage of your financial assessment, it can be helpful for the following reasons:
We have a strong working relationship, which helps streamline the purchase of your home. Because we collaborate closely and can quickly provide any information they need, the process is often faster and more efficient. We also hold weekly progress meetings, allowing us to stay up to date with your mortgage application and address any issues promptly.
They have up‑to‑date knowledge of shared ownership and the criteria used by different lenders. They can identify the lender most likely to approve your application based on your financial circumstances. This is particularly helpful for first‑time buyers, applicants with complex financial situations, or those with a less‑than‑perfect credit history.
We consistently receive positive feedback from customers who choose to work with our Mortgage Advisor. They’re highly knowledgeable about the shared ownership process and are able to work efficiently, helping you move forward more quickly.