I think you will really struggle here as the Shared Equity Schemes or designed for Housing Associations/Builders/Family Members/Government most lenders would exclude it if it was a private equity share.

Hi,

I am currently renting a property in Scotland. We would like to buy the property, however we do not have a deposit saved. The owner of the property would be willing to take a shared equity in the house to enable us to make the purchase, is that possible.

So the value is £500,000, and we will buy 70% of the property for £350,000. The current owner (Private not a contractor) will retain 30% equity until we sell the property. Is this legal? and if so can i get a mortgage on that basis?

Thanks

Dan