Why is Shared Ownership So Appealing?

Sara

Like any other investment, shared ownership has quotas and restriction on the individuals that can apply for the opportunity. You can buy a home through shared ownership if: your household earns £60,000 a year or less (or £71,000 a year or less in London for a 1 or 2 bedroom property, or £85,000 a year or less in London for a 3 or more bedroom property) you’re a first-time buyer (or you used to own a home, but can’t afford to buy one now) you rent a council or housing association property Sourced from: https://www.gov.uk/affordable-home-ownership-schemes You can sell your shared ownership property at any time, but the housing association has the right to try to find a buyer before you put it on the open market.