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Shared Ownership, is it possible for people like us?

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Comments

  • SamL44
    SamL44 Posts: 9 Forumite
    AdrianC wrote: »
    That's all very well and good, but you don't have any kind of right to live in an area you can't afford. Children can - and frequently do - change school.

    Thanks for that wonderful answer.
    I don't know why I'm bothering to explain myself to you.
    As you can see from my answers above, we are looking to move to a cheaper area for this reason. We have only lived in dorset for 4 yrs and for reasons I cannot be bothered to explain to you, he ended up in Hampshire school.

    If you can't be polite, please go and annoy someone else!
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    I think you miss my point.
  • SamL44
    SamL44 Posts: 9 Forumite
    I don't really care what point you were trying to make. You were incredibly rude.

    My thread is nothing to do with where I live now.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    AdrianC wrote: »

    One thing to think about... If your household income is low, can you afford the property maintenance that would become your responsibility under shared ownership?

    While a consideration, depending on circumstances, this is more manageable than when you have to move house as a renter. The LL wakes up one morning and decides you're going to have to leave and you spend a fortune with fees moving. For some people this can be every 1-2 years.

    At least with maintenance you've a bit of leeway about when some stuff needs to be paid for.... and when you spend that money you don't see it as "throwing good money away" like letting agent fees.
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