We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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 & owning a property abroad

Options
Hi there
I have a question regarding buying a shared ownership property. I have flat abroad do I still qualify for the scheme. I have read online that it is still possible. Is that true?
Thanks for ur help.

Comments

  • Hello! I realise the original post is a bit old, but I’d be interested in an answer too!
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 6 December 2020 at 10:10PM
    Hello! I realise the original post is a bit old, but I’d be interested in an answer too!
    Have you by any chance looked at the criteria for shared ownership ?
  • You don't need to be a first time buyer, to buy shared ownership. 

    However, you cannot own another property at the time of the shared ownership purchase. You have to sell your current property first. 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.