Just Mortgages posts shared ownership rise  

The brokerage says this unit, which also specialises in affordable homes, has beaten its first-quarter performance compared to the same period a year ago. 

It has more than doubled in size since 2022, growing from 16 to 34 dedicated new build advisers, recently hiring a new relationship manager. 

The firm points to the well-trailed change in stamp duty thresholds at the start of this month. 

As part of the Treasury move, first-time buyers now pay stamp duty on the value of homes above £300,000 down from £425,000 previously. 

The broker also points out that Chancellor Rachel Reeves announced £2bn in funding to support the construction of 18,000 affordable and social homes in March, part of the government’s wider plan to deliver 1.5 million homes over the next five years. 

Just Mortgages new build & shared ownership business development director Paul Wilson says: “Our strong start to the year reflects the direction of travel in the new build space and the growing momentum behind Shared Ownership as a proposition and a way to finally get on the housing ladder.

“It remains a key driver behind our leads and enquiries, as well as the conversations we have with clients and those we meet at events.” 

The firm will also hold its fourth New Build and Affordable Housing event in London on 24 April.