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Shared Equity News story
poppysarah
Posts: 11,522 Forumite
http://www.guardian.co.uk/money/2009/jan/31/shared-equity-broken-dreams
Six years ago, the corporate manager was one of seven tenants who bought shared-equity flats in a newly built scheme in Greenford, west London - lured in part by the government-promoted dream of owning his own "affordable home".
Today these tenants are facing demands for £1,100 per household, on top of the £2,000 a year they pay in service charges, to cover overspending by the housing association that is supposed to look after their interests.
Six years ago, the corporate manager was one of seven tenants who bought shared-equity flats in a newly built scheme in Greenford, west London - lured in part by the government-promoted dream of owning his own "affordable home".
Today these tenants are facing demands for £1,100 per household, on top of the £2,000 a year they pay in service charges, to cover overspending by the housing association that is supposed to look after their interests.
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Comments
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another reason to stay clear of itIf you find yourself in a fair fight, then you have failed to plan properly
I've only ever been wrong once! and that was when I thought I was wrong but I was right0
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