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To qualify for a shared
ownership property you will normally need to raise a mortgage to
pay for your share. This means you will need to satisfy a
bank or building society that you have a regular income. For
most people this means being in employment.
Most banks
and building societies will be able to provide you with information
about mortgage options and what the repayment costs are likely to
be.
If you'd
like further information about the costs you would be likely to
face as a sharing owner, or about any of the new housing we are
building for shared ownership and how to apply, please contact
us.
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