Or log in with:
Register to join the discussion, get discounts and more.
This is page 1 of 1 (This thread has 3 messages.)
If you buy a house that is shared owner ship, such as 50%, your mortgage payments are say £500, how much is your rent?
We pay just slightly over £200 rent for a 68,000 (40%) share on ours
usually 3% on the balance outstanding. So if house is £100,000 and you have 50% mortgage, £50k x 3% divided by twelve will be you rental payment. The 3% figure may vay from housing association to housing association
Join the discussion
Registering is free, easy, and means you can join in the discussion, get discounts, win prizes and lots more.
Already registered with Mumsnet? Log in to leave your comment or alternatively, sign in with Facebook or Google.
Please login first.