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Examples
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Most shared-ownership schemes I have read about assume a couple or group will be buying a house together.
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But in a shared-ownership deal, a buyer taking a 30% share can get away with a deposit of as little as £3,000.
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Many shared-ownership properties are not just overpriced in absolute terms (isn't nearly all property?) but, more importantly, overpriced relative to similar properties in the full-price market.
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A new shared-ownership scheme from Santander and Affinity Sutton offers mortgages of up to 95% of a buyer
Santander and Affinity Sutton launch shared-ownership scheme 2010
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The Mansfield deal applies only to properties marketed through the housing association's Crucible Homes arm, which is offering shared-ownership homes in locations including Sheffield, Doncaster, Rotherham, Barnsley and Lincolnshire.
Santander and Affinity Sutton launch shared-ownership scheme 2010
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The bank has teamed up with Affinity Sutton on a shared-ownership scheme offering people who are looking to buy in areas such as south London, Guildford and Portsmouth the chance to borrow up to 95% of their share of the purchase price.
Santander and Affinity Sutton launch shared-ownership scheme 2010
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Five of the properties are rented and five have been sold under a shared-ownership arrangement, which enables residents to buy up to 80 per cent of the property, though if they want to move they must adhere to a covenant which requires them to sell their equity to people with connections to the village.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph Gordon Rayner 2011
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Five of the properties are rented and five have been sold under a shared-ownership arrangement, which enables residents to buy up to 80 per cent of the property, though if they want to move they must adhere to a covenant which requires them to sell their equity to people with connections to the village.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph Gordon Rayner 2011
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Those who bought into shared-ownership flats at Mary Datchelor House, a converted school in
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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How to make the most of shared-ownership schemes property ladder now and ignore advice to wait?
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