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Assisted housing

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Please can anyone tell us what is the difference between assisted housing and shared ownership - are they the same? silly question - sorry!!

Comments

  • scottishblondie
    scottishblondie Posts: 2,495 Forumite
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    Assisted housing to me says a place where people live with assistance e.g. with a warden and/or other care workers.
  • kingstreet
    kingstreet Posts: 39,272 Forumite
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    Assisted living and shared ownership are two completely different things. If the OP could describe what they are wanting to discuss it would be helpful.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Kingstreet - friends of ours had a plan of a new housing development and saw the initial AH.when they asked what the AH was on the plans the rep said assisted housing homes. hope that helps? and thanks
  • seriousDFW
    seriousDFW Posts: 405 Forumite
    Debt-free and Proud!
    Kingstreet - friends of ours had a plan of a new housing development and saw the initial AH.when they asked what the AH was on the plans the rep said assisted housing homes. hope that helps? and thanks

    That usually means Affordable Housing. This can either be shared ownership or social rented from a housing association. The sales rep will know what type each house is I would have thought - it's a key consideration in the planning process.
    DFBX2013: 021 :j seriousDFW £0 [STRIKE] £3,374[/STRIKE] 100% Paid off
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  • kingstreet
    kingstreet Posts: 39,272 Forumite
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    I agree with sDFW. It's affordable housing.

    As shared equity is now "mainstream" under the Help To Buy banner, I would suggest this is shared ownership.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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