Shared Ownership schemes
Mar 25th 2008 | 2:37 am
#16
Happy in my bubble
Joined: Feb 2007
Posts: 4,538
From: Rochdale LANCASHIRE
Mar 25th 2008 | 3:10 am
#17
Joined: Dec 2006
Posts: 5,359
Re: Shared Ownership schemes
May I ask what area that is in, we were looking in Maidstaone and Grays at a 2 bedrooms costing £75,000 for 35% ownership.
Mar 25th 2008 | 5:01 am
#18
Thread Starter
Senior Moment
Joined: Jan 2006
Posts: 20,459
From: On the edge
Re: Shared Ownership schemes
That's not a bad price if that's all inclusive at least you know where you stand with that, when I bought by flat after the first year they whacked the maintanence charge up by 50% was not a happy bunny but what can you do.
May I ask what area that is in, we were looking in Maidstaone and Grays at a 2 bedrooms costing £75,000 for 35% ownership.
May I ask what area that is in, we were looking in Maidstaone and Grays at a 2 bedrooms costing £75,000 for 35% ownership.
Mar 25th 2008 | 5:13 am
#19
RETIRED ;-))
Joined: Jul 2003
Posts: 20,156
From: Benalmadena Pueblo,Spain
Re: Shared Ownership schemes
Mar 25th 2008 | 5:14 am
#20
Straw Man.
Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.
Re: Shared Ownership schemes
She could always stay with me, she is cute!
Mar 25th 2008 | 6:46 am
#21
Thread Starter
Senior Moment
Joined: Jan 2006
Posts: 20,459
From: On the edge
Re: Shared Ownership schemes
All her other friends are currently sorted, and she doesn't really want to share with a stranger.It seems to me a logical step. Gets her on the housing ladder and it costs her only £220 a month, gives us somewhere to stay when we go over there
RM .... your missus would be a little mift wouldn't she
Mar 25th 2008 | 8:45 am
#22
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Joined: Oct 2006
Posts: 3,831
From: Sunny Manchester
Re: Shared Ownership schemes
I know this is probably a bit high brow for you lot
, but has anyone got any knowledge of these for property purchase, i.e. are they a good thing or do you eventually get screwed over by the housing company.
My daughters flat mate has decided to do a bunk, so I have to find somewhere for her to live as she cant afford the rent on her own
, but has anyone got any knowledge of these for property purchase, i.e. are they a good thing or do you eventually get screwed over by the housing company.My daughters flat mate has decided to do a bunk, so I have to find somewhere for her to live as she cant afford the rent on her own
Mar 25th 2008 | 9:29 am
#23
Straw Man.
Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.
Mar 25th 2008 | 11:34 am
#24
Thread Starter
Senior Moment
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Posts: 20,459
From: On the edge
Mar 25th 2008 | 8:47 pm
#26
Thread Starter
Senior Moment
Joined: Jan 2006
Posts: 20,459
From: On the edge
Re: Shared Ownership schemes
I can see this is going to be a nightmare. The shared ownership flat itself was in an OK area, but she had to walk through a rough area to get to it, and as she would have to do that walk at night quite a lot it has been discounted now.
I'm now experiencing what it must be like for a first time buyer
I'm now experiencing what it must be like for a first time buyer
Mar 25th 2008 | 8:51 pm
#27
Straw Man.
Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.
Re: Shared Ownership schemes
I can see this is going to be a nightmare. The shared ownership flat itself was in an OK area, but she had to walk through a rough area to get to it, and as she would have to do that walk at night quite a lot it has been discounted now.
I'm now experiencing what it must be like for a first time buyer
I'm now experiencing what it must be like for a first time buyer
Mar 25th 2008 | 9:12 pm
#28
Joined: Dec 2006
Posts: 5,359
Re: Shared Ownership schemes
I can see this is going to be a nightmare. The shared ownership flat itself was in an OK area, but she had to walk through a rough area to get to it, and as she would have to do that walk at night quite a lot it has been discounted now.
I'm now experiencing what it must be like for a first time buyer
I'm now experiencing what it must be like for a first time buyer
My daughter phoned last night, she has put an offer in on a 1bdr flat in a
OKish sort of area, I do worry about this but at least she has a car so won't be walking the streets at night. It called for offers over £129,000 she has offered £124,995 no pain no gain as they say, she can't go any higher this is already over her budget so mum and dad will be coming to the rescue. Only wish we could buy it for her but that is out of the question..............unless I win lotto this week.
As you say Mitz, opens your eyes to what first timer buyer are having to deal with.
