joint ownership mortgages?
#1
I've heard that some lenders will enter into a 'joint ownership' where you own say 60% of the property and they own 40%. You pay less mortgage repayments than on 95/100% but have the opportunity to buy them out if you come into more money. Anyone know if this is true and if it is who does this?
Cheers
Marc
Cheers
Marc
#2
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This sounds like a housing association arrangement - one or two of my neighbours have this arrangement as let's face it, it's bloody difficult with house prices as they are.
Don't know where you live mate but the one of the ones I've heard in the London areas is Hyde Housing. See if they've got a website as it may help you.
Don't know where you live mate but the one of the ones I've heard in the London areas is Hyde Housing. See if they've got a website as it may help you.
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Wingnuttzz
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26 April 2022 11:15 PM