Resales
Resales are part-buy/part-rent homes that become available when existing shared owners™ wish to sell their stake in the property, normally as a result of moving up the property ladder. The share you can buy and the rent payable will differ from one property to another as a result of differences in the percentage purchased by the current owner occupier and any staircasing activity that has occurred.
It is expected that purchasers will maximise the share that they purchase in line with their affordability.
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To apply, you need an income of You need to get a mortgage for the value of Value of the unsold equity Get closer to your needs: |
Property equity |
