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I can only afford a shared-ownership property – can I buy it to let?


I hope to buy a property outright on the shared-ownership scheme, and rent it out for a few years until I am ready to move inQ I have a question about mortgages. I am currently working and renting in London, but I would like to purchase my own property. This is becoming increasingly impossible as I am single and earn a low wage.A chance I currently have is to buy a studio flat in Romford, Essex, where I grew up, through a shared ownership scheme. However, I am not ready to move back just yet, as I am happy renting a shared house close to work in London. Continue reading…

Source : theguardian.com
Read more…I can only afford a shared-ownership property – can I buy it to let?

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