We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Shared ownership vs help to buy
Steven702
Posts: 2 Newbie
Hi guys,
Me and my partner are looking to buy a house, we can not afford to get a mortgage so have been looking at the goverment schemes to help us.
Does anyone know which scheme is better the shared ownership scheme or the help to buy scheme? We have read up on both schemes but can not work out which scheme is financial better.
We are currently renting and really want to get onto the property ladder. We know there are some people who wouldent go near ither scheme, but we were just wondering if you needed to choose 1 of the schemes which would be the better.
Me and my partner are looking to buy a house, we can not afford to get a mortgage so have been looking at the goverment schemes to help us.
Does anyone know which scheme is better the shared ownership scheme or the help to buy scheme? We have read up on both schemes but can not work out which scheme is financial better.
We are currently renting and really want to get onto the property ladder. We know there are some people who wouldent go near ither scheme, but we were just wondering if you needed to choose 1 of the schemes which would be the better.
0
Comments
-
Please clarify what you mean by this, as whichever route you choose, you are going to need a mortgage.we can not afford to get a mortgageI 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.0 -
Sorry by that i just ment when we went to the bank they would only offer to lend us 80k, and we can not find the house we want for that price.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards