Property News · November 15, 2016

Shared ownership: only way to buy or worst of both worlds? – readers' views


Mixing rent and a mortgage gives tenant-owners mixed feelings. Equity gains are welcome, but there are fears about high rents and affordabilityAppetite is growing for shared ownership schemes in areas where many people are priced out of the housing market. But what’s it really like? Readers report mixed feelings about shared ownership: often it gave them much cheaper accommodation costs, but the fluctuation in rent and service charges were a particular bugbear, and issues that are avoided when buying outright. Continue reading…

Source : theguardian.com
Read more…Shared ownership: only way to buy or worst of both worlds? – readers’ views

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