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What is shared ownership?

Photo Credit: Leah Tihia™ via Compfight cc Shared ownerships are provided through housing associations. Between 25% – 75% of the home’s value is purchased, and rent paid on the remaining share....

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Property: Shared Ownership with Parents

Buying a property on your own can be hard. Many first-time buyers opt to purchase their house with the help of their parents, by going down the route of shared ownership, but what are the implications...

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Are shared ownership houses more expensive?

Shared ownership houses are a great way to get your foot on the property ladder. The aim is make sure that you can own part of the property and then ‘staircase’ up to the full ownership. You buy a...

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Property and parents helping with deposits

Parental support in buying property There are two key ways in which parental support works. The first is where the parent lends (or gifts) the deposit, but then the property is just in the child’s...

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What is a Joint Tenant?

What is a joint tenant?   When purchasing a property, your solicitors will ask at some point during the transaction how you want to own the property and the terms used are either joint tenants or...

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Shared ownership: A Current Explanation

Shared ownership: A Current Explanation Often when purchasing a property, we do not do it alone. Our reasons may differ, for example a couple may wish to start a family or business partners may seek to...

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