janele

What are the conditions when buying shared ownership? What does it mean buy shared ownership?

What are the conditions in buying shared ownership property? What does it mean "shared ownership"? What control are you entitled on the property?

Asked on Sep 24 2010, General in Hartlepool | Report content

Answer this question

• 

  Mark Heneg...

  The share of the property will be sold on a leasehold basis and set out all resitriction and covenants, but basically it is the same as if you own it out right, Each housing association have differing criteria but most people wil qualify for the purchase of a shared ownership house. You will purchase a certain % and the remaining % will be rented at a low rate, it is a cost effective way of getting on the ladder.

  Answered on Sep 25 2010, Report content

  Was this answer helpful? Yes 3 No 0

Didn't find what you were looking for? Ask a question

• 

  scl534

  When was 17 Wensleydale Street, Hartlepool built?

  Asked on Mar 14 2013, General in Hartlepool
  Be the first to answer this question

• 

  carl149

  What is Parklands Way like to live in?

  Asked on May 24 2011, General in Hartlepool
  1 answer - Answer this question

• 

  hannajohn

  When was it built?

  Asked on Jan 31 2009, General in Hartlepool
  Be the first to answer this question

• 

  helter123

  Who owns this property?

  Asked on Nov 23 2008, General in Hartlepool
  Be the first to answer this question

• 

  mattwilson

  What's it like to live in Hartlepool?

  Asked on Mar 16 2008, General in Hartlepool
  Be the first to answer this question

See more AskMe Q&A about General