Property News · September 15, 2016

Shared ownership comes with risks – here's what to watch out for


Shared ownership can work, but the small print can catch people out financially and legally. Here’s what you need to knowWith home ownership now unaffordable for many people on low or middle incomes shared ownership continues to be pushed.Being a cheaper upfront option, it is touted as a way for Generation Rent to move forward. After the deposit, it means paying a mix of mortgage repayments and rent for the remaining price of the property. Continue reading…

Source : theguardian.com
Read more…Shared ownership comes with risks – here’s what to watch out for

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