Shared Ownership UK Explained - We Discuss The Benefits and How It Works!

A Shared ownership mortgage provides an affordable way to buy a home. You purchase a share in a home and pay a subsidised rent on the part that you don't own. In the future if you wish you can usually buy further shares until you own your own home.

Reasons for purchasing a shared ownership property:

* You own part of your home rather than paying rent with no return.
* You will only need to secure a mortgage for the percentage of the price
* You will also need a much smaller deposit than you would against buying a property outright

The percentage typically ranges from 25% to 75% of the full purchase price and is tailored to your circumstances.

When you buy a home with shared ownership, you are the homeowner and take on all the responsibilities and gain all the benefits that go with owning a home.

Follow us On Social Media:
Facebook: https://www.facebook.com/pcslegal
Twitter: https://twitter.com/PCSLEGAL
Instagram: https://www.instagram.com/pcslegal/

"Visit our website and chat to our friendly and professional team"
https://www.pcslegal.co.uk