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Shared ownership housing

3 replies

leadinglady · 30/01/2013 22:14

Hello
I am new to MN. I have been following a few threads but need some advice of my own. I am in the process of splitting up with DP, so far very amicable.

we intend to let our house until the market picks up and then sell in a couple of years. I am unable to afford to buy a new house off the open market and am thinking of shared ownership. Does anyone have experience of how to get started.

I need a 3 bed property as I have 2 teenage children.

OP posts:
AKissIsNotAContract · 30/01/2013 22:39

Where I live you need to be a first time buyer to do shared ownership. Do you know whether people who already own properties are eligible for shared ownership in your area?

AKissIsNotAContract · 30/01/2013 22:45

There's some info here which states that if you used to own a home but can't afford one now you may be eligible. So you could apply once you've sold your house.

PartyFops · 30/01/2013 23:08

I think you also need to be on the local authority housing waiting list too.

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