What are the disadvantages of shared ownership?

6th December 2020

Disadvantages include not owning 100% of the property until you purchase additional shares and being aware that you have to pay rent to the Housing Association alongside the mortgage. We would recommend you seek advice from an experienced Mortgage & Protection Adviser.

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We have used Alain at Charters Financial Services to purchase a property and the service was first class. Alain kept us informed throughout the whole process and I would highly recommend him and Charters Financial services and certainly we will use Alain again in the future.

Taylor Mc

July 2020

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