What is Shared Ownership?
Shared Ownership is a government-backed initiative for those unable to afford traditional home buying. It offers co-ownership and renting, making it accessible for first-time buyers. Shares range from 25% to 75%, with a mortgage on the owned portion and subsidized rent on the rest. Through Staircasing, you can increase your share towards full ownership. This program bypasses hefty deposits and allows for personalization of your space.…
