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Shared Ownership Discussion
Dogpitt
Posts: 2 Newbie
What are your thoughts?
0
Comments
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Don't Do It."An arrogant and self-righteous Guardian reading tvv@t".
!!!!!! is all that about?0 -
That's an over generalisation. Search this forum for other threads about the subject.Don't Do It.
Main problems are:
1. SO newbuilds tend to be overpriced in that the 100% values are the optimistic prices the original builder would have liked to have obtained rather than those with discounts and other freebies he actually sold the private properties on the same development for.
2. When you want to sell if you have not finally staircased (bought 100%) you have to go through the Housing Association or other body involved to sell to someone on their list at a price determined by their surveyor.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0
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