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Will Shared Ownership properties come down in price?
Comments
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Looks like prices are falling for the next 5 years. No rush. And over the next 5 years you can save a bigger deposit and maybe earn more.willsonline wrote: »I can only get a mortgage for £60,000 if i were to buy now, hence why SO is the only option really.
There are mostly ALWAYS 2nd hand properties cheaper than SOwillsonline wrote: »But if popp10 is saying there are 2nd hand flats on the market for the above price it might be worth looking at!!!
Nope. All flats have a service charge etc. They are likely to be less though.willsonline wrote: »Avoid the service charges at least!0 -
Cool... well i have seen a 1 bed flat with a study and seperate kitchen (resale of SO) for 50% stake £59,995. It looks good value for money!!
Will have to take a look, worth considering against new SO flats.
Thanks0
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