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Shared ownership flat
Former Member
Posts: 1,876,323 The Mix Honorary Guru
I currently share a house with friends since leaving uni and crave for space of my own. Can't afford a flat outright so thinking about the merits of shared ownership
Anyone bought a shared ownership flat and what's it all about?
Do i need to go on a housing association waiting list?
Anyone bought a shared ownership flat and what's it all about?
Do i need to go on a housing association waiting list?
0
Comments
Here are some links to help
http://www.newlife-living.co.uk/Ways-To-Buy/Shared-Ownership/31
http://www.lqgroup.org.uk/sales-and-rentals/home-ownership-and-rental-options/
A friend of mine has a shared ownership house, he only had to get a mortgage for 25% of the house making it a lot easier, its a way of getting on the ladder :thumb:
Shared ownership can be a great way to get on the housing ladder and to get your own space.
Whilst I have no personal experience of this, I just wanted to highlight a few websites where you can obtain further information from. The links and info from Norwegian Rebel are also great.
Shelter has a page with further links about various Owership Schemes. They also have a free helpline you can call for advice from trained housing adviser. The number is 0808 800 4444 and they are open 8am-8pm Monday-Friday and 8am-5pm Saturday-Sunday.
Further there is the Shared-ownership guide on the DirectGov website. There are also further links on this page including a mortgage calculator.
I hope this helps and that you are able to find a home of your own soon!
Keep us posted.
I ended up in £500 debt for that mistake.