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Old 13th June 2018, 04:40 PM
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Angry Money Box Live: Shared Ownership

BBC Mpneybox
Quote:
A government-backed scheme that allows you to buy part of your home and rent the rest. It's often advertised as a more affordable way for first-time buyers to get on the property ladder. But how affordable is it, especially when rent and service charges go up? Paul Lewis and guests explore the pro and cons of this kind of home ownership, which avoids the need for a hefty deposit and allows you to keep buying a bigger share of the home, but which can also limit who you can sell your property to and evict you if you get behind with your rent. Guests: Amy Nettleton, Aster Group housing associationJaedon Green, Leeds Building Society Giles Peaker, partner and housing specialist, Anthony Gold solicitorsPresenter: Paul LewisProducer: Sally AbrahamsEditor: Andrew Smith.
Money Box Live: Shared OwnershipExternal link to BBC
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