15
Jun/090

Shared Ownership Mortgages

Shared ownership mortgages are aimed at people who normally wouldn’t be able to own their own home. This is because the consumer buys one half of the property and the housing association buy the other half and rent it back to the consumer. The consumer will have the option to buy back the half they don’t own at a later date if they wish.

Related posts:

  1. House Swapping and house trading are part of the council schemes
  2. Sale and rent back to right-to-buy home owners
  3. Right-to-buy trap for homeowners
  4. Key repossession ruling opens door to mortgage mis-selling complaints
  5. The darker side of right-to-buy

Filed under: Shared Ownership Mortgages
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