What does 'part buy, part rent' mean?
Asked on Nov 29 2011,
House Prices in Swindon |
It means that you would buy a share in the property (with or without a mortgage) say 50% and would pay rent on the other 50% share to the person/organisation who owns it. Commonly call Shared Ownership. If you want to know about schemes in your area a good place to start is the local council housing department who can advise if there are any in your area.
Answered on Nov 29 2011,
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