Often the first rung of the property ladder for first time buyers, Shared Ownership allows the part-purchase and part-rent of a Property with deposits as low as 5% on the share you buy.
You can then purchase more shares in your home over time until you own it 100% – a process known as ‘staircasing’. The Rent will then decrease as you buy more shares in your home.
Shared Ownership is more complex than traditional residential property which is why it is important that you instruct a specialist in this area. The Housing Association (Landlord) may also have tight deadlines, having a lawyer with knowledge of the process will help you meet that deadline.
Instruct us and let us take you forward into your Shared Ownership Home.