Tag: shared ownership explained

Shared Ownership Myth Busting

You’ve been looking into Shared Ownership and think it might be the right scheme for you… but then you hear some things on the grapevine that unsettle you. There’s no family homes, just tiny starter flats. It’s impossible to get a mortgage and even if you do, you’ll have to share your new abode with…

Shared Ownership 101: Shared Ownership explained

Shared Ownership 101 | Shared Ownership explained There are a lot of myths and misconceptions around Shared Ownership which causes endless confusion amongst potential buyers. Do I have to share my home with someone else? Won’t paying both rent and a mortgage send my monthly outgoings through the roof? Will I only be able to…

L&Q Regional Sales Director Lucy Chitty busts her top five myths about home ownership

Countdown to the London Home Show Autumn 2017: L&Q’s Lucy Chitty dispels some of the myths about home ownership. Does owning your own home feel like a distant dream? Whether you’re already saving for a deposit or just starting to consider the idea of your​ own place in the future, you’ve probably heard some of these…

What deposit do I need for a Shared Ownership home?

First of all – what exactly is a deposit? Generally, ‘deposit’ refers to the amount of cash a customer puts down when buying a house. If you buy a house for £100,000 and put down a £10,000 deposit this is a 10% deposit and the mortgage described as being 90% ‘loan to value’. Since the…

Showing 4 of 4 results
Page1 2 3 9