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Staircasing shared ownership

Lgas · 2017-03-16 17:55:54

Hi, I have had a quick search but only came across very old threads. We bought our house in early 2011 for £155,000 at 50% mortgage 50% rent shared ownership. It is now worth around £197,000 (which is what next door hair sold for which is identical). My question is, do we try and staircase to the largest share we can or…

Comments

Lgas Posts: 365 Forumite

2 May 2017 at 9:14PM

getmore4less wrote: »

£215 seems low for a 6y old £77k mortgage have you been overpaying?

Oops, I got the figures mixed up, apologies! The rent is actually £215 (I still think it's gone up around £40/month since we purchased the house) and the mortgage is £320!

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