We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
shared ownership mortgages
lieutenant_dan
Posts: 124 Forumite
Can anyone enlighten me on what sort of waiting lists there are for these, and if priority is given to "key workers" (I am not one), also have seen some investors offer these but it's generally housing association who would cover the rental part of the agreement?
And are these a good thing (obviously good in the initial sense of having at least a share of a property) or are there pitfalls to it that don't make it a viable long term option?
And are these a good thing (obviously good in the initial sense of having at least a share of a property) or are there pitfalls to it that don't make it a viable long term option?
0
Comments
-
It is dependant on each individual housing association, so they should be your first port of call. Advantage who offered them as a stand alone product are currently out of the market.
I'm not sure if they are available at all for shrimp boats.I am a Mortgage AdviserYou 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards