► What is the size of the market for Joint Equity?
With any new approach it is always difficult to determine the size of the market
however, there are some pointers.
The CML reports the 1st time buyer market in 1999 was 590,000 but by 2005 that had
dropped to 370,000 a loss of 220,000 annually.
This is supported by a recent CML report which stated that for;
· a 25/75% Investor/Owner-Partner split of ownership, 2006 demand is predicted to
be 25,725 new purchases pa.
· At 35% Investor-Partner and 65% Owner-Partner the predicted demand in 2006 is 42,510.
The report did not asses 50/50 options but extrapolating their other findings we
would expect:
a 50% Owner-Partner and 50% Investor-Partner option to attract 68,500 new purchases
pa. which in total is nearly 3 times our target market size.
► What is the breakdown?
First Time Buyers:
900,000 in private rented
150,000 pa unable to buy
Divorced and Separated:
250,000 pa
Buy to Let:
100,000pa
Total market 250,000 pa - £34bn
The Joint Equity Scheme is for first-time buyers, home owners and property investors.
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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.
