Shared Ownership: Problems halved or doubled?

Fri 28 Sep 2018

What is shared ownership?

There are more than 200,000 shared ownership properties in the UK. Various shared ownership schemes operate around the country, with a mixed reputation. Some regard them as an affordable way to take a step into property ownership, while others see them as restrictive and costly.

Pros: Security of owning and staying in a home, rather than renting.

Cons: Mortgage and rent costs can be more expensive than renting; initial restrictions of who the property can be sold to and addition costs when selling.

Click Here to see the full article published by BBC News.