Skip to main content Skip to footer

What is shared ownership?

Asked on Aug 24 2011, General in London | Report content

Answers (2)

Was this question useful? Yes 4 No 0

Sort by: Oldest | Recent | Highest rated

  • Shared ownership is where you buy a share of a property - usually from a Housing Association. Assuming it is a 50% scheme, you will need you raise a mortgage for your 50% of the property and then pay a rent for the 50% owned by the Housing Association.

    Answered on Aug 24 2011, Report content
  • You own a percentage of the property with a second party, usually a housing association or local council.

    Answered on Aug 25 2011, Report content

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

More General in London questions on AskMe

See more AskMe Q&A about General