Shared ownership

Shared ownership is a way of buying a stake in a property if you cannot afford to buy it outright. You have sole occupancy rights; that is, you do not have to share your home with anyone else.

Shared ownership properties are usually offered for sale by housing associations. You buy a share of a property, and pay rent to the housing association, who owns the other proportion for the remainder. Your monthly outgoings will include repayments on any mortgage plus rent on the part of the property retained by the housing association. 

Later, as you can afford it, you may be able to increase your share until you own the whole property.

In-Deed's conveyancing solicitors have many years of experience of such matters. Why not give our expert advisers a call on 0800 038 6886 to discuss your plans and or concerns?

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