{"id":129740,"date":"2022-09-12T18:00:05","date_gmt":"2022-09-12T11:00:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-or-shared-ownership-which-is-best-for-homebuyers-in-england\/"},"modified":"2022-09-12T18:22:11","modified_gmt":"2022-09-12T11:22:11","slug":"help-to-buy-or-shared-ownership-which-is-best-for-homebuyers-in-england","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-or-shared-ownership-which-is-best-for-homebuyers-in-england\/","title":{"rendered":"Help to buy or shared ownership: which is best for homebuyers in England?"},"content":{"rendered":"


\nThe government schemes have pros and cons, and one closes to new applicants soonShared ownership is one of the government assistance schemes for those priced out of the open market. The other main one is help to buy. But if you are interested in the latter, get your skates on, as the scheme is closing in England soon, with 31 October the deadline for new applications.Under help to buy in England, the government lends a buyer between 5% and 20% of the full purchase price of a newly built home, or up to 40% in London. The buyer needs to stump up a deposit of at least 5% of the property\u2019s value. The great news for buyers is that there is no interest to pay on the government portion of your loan for five years. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Help to buy or shared ownership: which is best for homebuyers in England?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government schemes have pros and cons, and one closes to new applicants soonShared ownership...<\/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-129740","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-xKA","jetpack-related-posts":[{"id":143193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyer-schemes-five-ways-to-get-on-the-property-ladder\/","url_meta":{"origin":129740,"position":0},"title":"First-time buyer schemes: five ways to get on the property ladder","date":"March 25, 2024","format":false,"excerpt":"\r From shared ownership to rent to buy, we look at the schemes aimed at helping you own a homeHow to pick a mortgage and the best UK dealsDiary of a first-time buyer: \u2018At last I\u2019m a homeowner\u2019How to get yourself mortgage readyThere are a range of schemes geared towards\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-housing-crisis-will-only-get-worse-until-england-scraps-right-to-buy-jonathan-manns\/","url_meta":{"origin":129740,"position":1},"title":"The housing crisis will only get worse until England scraps right to buy | Jonathan Manns","date":"October 11, 2017","format":false,"excerpt":"\r Selling off council homes is economically and morally reprehensible. The government needs to halt its kneejerk support for home ownershipScotland has already scrapped so-called right-to-buy schemes and Wales is pushing through reforms to do the same. It\u2019s now also time for England to stop allowing council tenants to purchase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":129740,"position":2},"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":123563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-britains-renters-neglected-and-cash-strapped-editorial\/","url_meta":{"origin":129740,"position":3},"title":"The Guardian view on Britain\u2019s renters: neglected and cash-strapped | Editorial","date":"December 2, 2021","format":false,"excerpt":"\r The dearth of affordable rental accommodation can no longer be ignoredBritain\u2019s prolonged house price boom, described on Wednesday by market analysts as \u201cgravity-defying\u201d, shows little sign of letting up. According to data released from Nationwide, average property values rose by 0.9% in November alone. Since the first lockdown in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-the-difference-among-hong-kongs-subsidised-housing-schemes-and-who-can-buy\/","url_meta":{"origin":129740,"position":4},"title":"What\u2019s the difference among Hong Kong\u2019s subsidised housing schemes, and who can buy?","date":"May 10, 2019","format":false,"excerpt":"\r Who can buy under the Home Ownership Scheme?Public housing tenants can buy either new or used flats under the scheme without paying a premium to the Housing Authority if they surrender the public housing flats they are renting.Hong Kong families with a maximum gross monthly income of HK$60,000 (US$7,600)\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":129740,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129740"}],"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=129740"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129740\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}