Independent financial advisors (IFA)
Once you've found your shared ownership home you will need to complete a free financial assessment with an independent financial advisor (IFA) from our panel. The IFA will ask you questions and request documents which will help to confirm your financial eligibility and make sure you're in the right position to proceed.
When you've been approved by an IFA from our panel they'll be able to help you arrange your mortgage but you're able to use an IFA of your choice.
When we've received your completed financial assessment from the IFA and your Magna Housing application form, we'll contact you. Even if you are a cash buyer you will need to speak to one of the IFAs.
The financial advisers have been chosen because of their shared ownership experience.
|Woodward Insurance & Mortgage Services|
143 High Street, Street, Somerset, BA16 0EX
|Contact name: Karen Hoogesteger|
Tel: 01458 844144
Ground Floor Office, 4 Station Road, Verwood, Dorset, BH31 7PU
|Contact name: Paul Nicholas|
Tel: 02381 781545
1st Floor, 61 Fore Street, Saltash, Cornwall PL12 6AF
|Contact name: James Webster|
Tel: 07856 321531
Once you have been approved by one of the IFAs on our panel and wish to buy a home through us, you are not obliged to use an IFA from our panel to arrange your mortgage.
However, choosing another IFA with limited experience may delay the mortgage application process. We do not receive any financial benefits from the companies above, it’s your decision whether you choose to instruct them. The companies listed above are provided for your guidance and have signed a service-level agreement with us.