{"id":129403,"date":"2022-09-10T16:00:05","date_gmt":"2022-09-10T09:00:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shared-ownership-a-low-cost-way-to-buy-a-home-but-is-there-a-catch\/"},"modified":"2022-09-10T16:10:05","modified_gmt":"2022-09-10T09:10:05","slug":"shared-ownership-a-low-cost-way-to-buy-a-home-but-is-there-a-catch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shared-ownership-a-low-cost-way-to-buy-a-home-but-is-there-a-catch\/","title":{"rendered":"Shared ownership: a low-cost way to buy a home \u2013 but is there a catch?"},"content":{"rendered":"


\nIt is touted as a cheaper way to get on the property ladder, but there can be drawbacks. We weigh up the pros and consShared ownership is promoted as the low-cost, low-deposit path for first-time buyers to escape the rent trap. But is the part-rent, part-buy model the staircase to heaven or hell?For Caitlin Bucktrout and her partner, Sam Ward, both 25, it has been heavenly. They picked up the keys to their newly built three-bed semi near Headingley in Leeds in February 2020, just as the coronavirus pandemic threw the country into lockdown. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Shared ownership: a low-cost way to buy a home \u2013 but is there a catch?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It is touted as a cheaper way to get on the property ladder, but there...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-129403","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xF9","jetpack-related-posts":[{"id":34376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shared-ownership-only-way-to-buy-or-worst-of-both-worlds-readers-views\/","url_meta":{"origin":129403,"position":0},"title":"Shared ownership: only way to buy or worst of both worlds? – readers' views","date":"November 15, 2016","format":false,"excerpt":"\r 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\u2019s it really like? Readers report mixed feelings\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shared-ownership-comes-with-risks-heres-what-to-watch-out-for\/","url_meta":{"origin":129403,"position":1},"title":"Shared ownership comes with risks \u2013 here's what to watch out for","date":"September 15, 2016","format":false,"excerpt":"\r Shared ownership can work, but the small print can catch people out financially and legally. Here\u2019s 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-can-only-afford-a-shared-ownership-property-can-i-buy-it-to-let\/","url_meta":{"origin":129403,"position":2},"title":"I can only afford a shared-ownership property \u2013 can I buy it to let?","date":"June 16, 2016","format":false,"excerpt":"\r 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.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138781,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-sell-inherited-house-and-staircase-our-shared-ownership-flat-to-100\/","url_meta":{"origin":129403,"position":3},"title":"Should we sell inherited house and staircase our shared-ownership flat to 100%?","date":"August 14, 2023","format":false,"excerpt":"\r Half the profit in former family home, now rented out, would raise enough to buy our home outright but not leave much of a nest eggQ My mother recently died, leaving my sister and me 50% shares in the former family home. The house is currently privately let and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/affordable-shared-ownership-flat-in-hackney-on-the-market-for-1m\/","url_meta":{"origin":129403,"position":4},"title":"'Affordable' shared ownership flat in Hackney on the market for \u00a31m","date":"August 24, 2015","format":false,"excerpt":"\r Price of home means anyone with a household income of less than \u00a377,000 is unlikely to get a mortgageA shared ownership flat valued at more than \u00a31m has gone on sale in east London, in another sign of London\u2019s growing affordability problem for would-be homebuyers.Shared ownership, offered through housing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22121,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-rent-to-buy-scheme-is-making-home-ownership-a-reality\/","url_meta":{"origin":129403,"position":5},"title":"How a \u2018rent to buy\u2019 scheme is making home ownership a reality","date":"August 6, 2016","format":false,"excerpt":"\r With the gap between wages and house prices sparking a huge fall in ownership in the UK, we look at schemes such as Rentplus that are helping those priced outThey were the words that father-of-two Adam Stephens had waited so long to hear: \u201cThis is your house and it\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129403"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=129403"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}