25% share properties?

[LLBandTTC]

Can I just ask people’s experiences with 25% share properties please? I live in Edinburgh so getting a full mortgage seems impossible, but I don’t really know how these work?

• is it still your property to do as you please with?
• will it still be a 10% deposit?
• how do monthly repayments work?
• any info you have is appreciated as I’m confused

You can find all this information on the buying scheme website.

Usually you get a mortgage for your share and pay rent on the rest.
You only own the 25% so you can't do whatever you want with it, there will be a load of restrictions dependant on the owner of the 75% share (housing association)

YABU, how is this at all relevant to the AIBU topic section?!

www.moneyadviceservice.org.uk/en/articles/right-to-buy-scotland

This should be your first point of call.

www.mumsnet.com/Talk/property/3550520-shared-ownership-is-it-worth-the-hassle

www.mumsnet.com/Talk/am_i_being_unreasonable/3358401-Help-to-buy

etc etc

YABU

get out of AIBU

Sorry thought I did it on chat! Am on my mobile

Thanks for the links