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Shared ownership and EWS certificate
MissG80
Posts: 126 Forumite
Is it allowed to buy additional shares in a flat if your block does not have an EWS certificate? Thinking of increasing my share by 10%. Currently remedial works are being done to meet EWS regulations. They are likely to take 12 months and sign off won't be a while.
Also, does not having the certificate affect how the flat is valued for the share purchase? Another flat in my block is currently for sale, I saw it on Zooplaz for 10k less than what I thought they are worth (it's identical to mine and my neighbours who sold for 10k higher). It's only available for cash buyers.
I realise these are very specific questions and I may need to talk to the landlord.
Also, does not having the certificate affect how the flat is valued for the share purchase? Another flat in my block is currently for sale, I saw it on Zooplaz for 10k less than what I thought they are worth (it's identical to mine and my neighbours who sold for 10k higher). It's only available for cash buyers.
I realise these are very specific questions and I may need to talk to the landlord.
As of Oct 28th 2024:
Barclay credit card £4,000
Lloyds credit card £637
Emergency Fund £1,000
Barclay credit card £4,000
Lloyds credit card £637
Emergency Fund £1,000
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