Shared ownership
What is Shared Ownership?
Shared Ownership is a Government-funded scheme that helps people who would not normally be able to afford home ownership to purchase a home of their own.
The Shared Ownership scheme is also known as part buy, part rent because purchasers buy a share in their home and pay rent on the remainder.
Shared owners do not share their homes with someone else, they share the ownership of it with a housing association.
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