Sorry, have loads of questions today - last one... shared ownership

[ElfOnTheTopShelf]

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