Business Details
30 Years
experience
Your Trusted Shared Ownership Mortgage Broker in Sheffield
Established in 1996, Metro Finance has become the UK's leading specialist in Shared Ownership mortgages. Our team of FCA-regulated experts works exclusively with 90+ Housing Associations to provide tailored mortgage solutions. We pioneered an online document tracking system that streamlines the homebuying process while maintaining personal service through our award-winning advisory team. With Trustpilot-verified reviews and exclusive access to 28 mortgage lenders, we combine technological innovation with decades of industry experience.Our fee structure is transparent, with a typical mortgage advice charge of 499, and we maintain strict compliance with Financial Conduct Authority regulations. Headquartered in Sheffield, we serve first-time buyers nationwide through our dedicated online portal and telephone support lines operating 8am-7pm Mon-Fri & 10am-4pm Sat.
Services
Shared Ownership Mortgages
Mortgage Advice
Online Document Tracking
Affordability Assessment
Staircasing Assistance
Details
- Year established: 1996
Highlights and features
- Specialists in Shared Ownership since 1996
- Exclusive access to 28 mortgage lenders
- FCA-regulated advisory services
- Award-winning first-time buyer support
- Integrated online mortgage tracking system
Associations and certifications
- Financial Conduct Authority
What people say
Efficient service
Helpful team
Streamlined process
Expert advice
Quick responses
Services
Shared Ownership Mortgages
Specialist mortgage products enabling partial home ownership with rent payments on remaining shares. Government-backed scheme allowing gradual equity increases through staircasing. Available through 28+ lenders with exclusive rates accessible via our FCA-regulated platform.
Mortgage Advice
Personalised advisory service covering mortgage eligibility, lender selection, and affordability assessments. Includes document preparation guidance and ongoing support through all stages from initial application to property completion. Fees start at 499 with transparent pricing.
Online Document Tracking
Secure platform for uploading identification, bank statements, and proof of funds. Enables real-time progress monitoring through mortgage stages including lender approval, solicitor coordination, and housing association liaison. Eliminates need for physical appointments through encrypted document exchange.
Affordability Assessment
Comprehensive analysis determining maximum affordable share size based on income, expenditure, and credit history. Includes stress-testing for future interest rate changes and long-term sustainability checks. Forms basis for mortgage approval in principle documentation.
Staircasing Assistance
Guidance through incremental share purchase process from 40% to 100% ownership. Covers valuation requirements, funding options, and legal procedures for reducing rental payments. Maintains compliance with housing association regulations throughout ownership progression.
Questions
What is Shared Ownership?
Shared Ownership allows purchasing a property share (40-80%) while paying rent on the remainder. You can increase ownership through staircasing.
How does Metro Finance's service work?
We provide mortgage approval, document management, and housing association liaison through our online portal with advisor support throughout the process.
What documents are required?
Last 3 months' payslips, bank statements, proof of deposit, ID, and gifted deposit letters where applicable in PDF format.
Are there additional fees?
Mortgage advice fees start at £499 (max 1% of loan amount). No hidden charges for our documented mortgage tracking services.
How long does the process take?
Typical mortgage processing takes 4-8 weeks from document submission, depending on lender requirements and housing association coordination.
