Shared ownership is another way to buy your home. You buy a percentage, and pay rent on the rest. The housing association owns part of it and you own the other part. You decorate it and you decide when to sell. Buying a percentage means a smaller deposit and smaller mortgage. It can be a first step on the ladder for lots of people. Usually you can carry on buying shares until you own 100%.
Talk to us at Glass Lake Finance about how we can help you.
*Your home may be repossessed if you do not keep up repayments on your mortgage.