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Shared Ownership/Help to Buy
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fishix375
Posts: 5 Forumite
We're looking into the various Help to Buy schemes and actually think shared ownership might be the one for us. Can we get the Shared Ownership scheme for a house we've found on the open market, or is it exclusively for ex-housing association houses?
May seem like a stupid question but in all my research I haven't been able to get a straight answer on this!
May seem like a stupid question but in all my research I haven't been able to get a straight answer on this!
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Comments
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From the HTB website:
"With Help to Buy: Shared Ownership you can buy a newly built home or an existing one through resale programmes from housing associations"
In other words no it's not available on any/every property on the market and shared ownership properties are not ex-HA properties they are current HA properties and remain so until you can staircase to 100%.
See more at: https://www.helptobuy.gov.uk/shared-ownership/0 -
"DIY SO" ended in the early 2000s IIRC.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.0
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