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Shared Equity Schemes

I own property under shared equity 75:25 scheme. How will this impact upon selling it. House worth 125k, my mortgage is for 95k, remainder owned by Lovell who I have to start paying back after 10 years.

Asked on Jun 21 2016, Selling in UK | Report content

Answers (1)

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  • 125*0.75 = 93.75. Looks like you have negative equity!

    Answered on Jun 22 2016, Report content

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