Shared Ownership: is it worth it?

Schwarzwald

housebuyer143 said:

Yeah, rates have gone nuts but they are coming down slowly so keep looking. 

Nah, rates had gone nuts in the last 10 years and are just normalizing back into a range where they have been historically, we’ll see where it will balance out but expectation of the rates “coming down slowly” in the near term rather unrealistic

housebuyer143

Schwarzwald said:

housebuyer143 said:

Yeah, rates have gone nuts but they are coming down slowly so keep looking. 

Nah, rates had gone nuts in the last 10 years and are just normalizing back into a range where they have been historically, we’ll see where it will balance out but expectation of the rates “coming down slowly” in the near term rather unrealistic

Rates are coming down slowly. Lots of lenders have reduced their prices in the last few days. Where they are now is ridiculously high in comparison to the base rate which is not normal at all.

Now the swap rates are reducing,  You'll find lenders should be able to reduce their rates a bit more.  I'm not saying they're going to get to 1% but should come down from the high from the last few weeks.