Shared Ownership - to offer more?

[scoobysnaxx]

Hi posting for traffic!

I am just wondering, if a property is up for sale for 30/40% shared ownership or however much, and you can afford to buy 50%, could you buy this straight away?

Or would you have to buy the % on sale and then once bought, staircase immediately after?

Thanks!

You can buy more - as much as you want/are deemed to be able to afford by the housing association 😊

Yes, you can ask them to assess you for a bigger share; however they want you to fall within 30% of your net salary for all essential outgoings so you may not pass their affordability criteria.