Shared Ownership - Housing Assosiations

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Financial Services > Mortgages > Shared Property > Housing Assosiations

The aim of Housing Associations is to build low cost homes for first time buyers or for people re-entering the housing market. Traditionally Housing Associations built affordable rented accommodation, but in recent years their remit has expanded and they are now offering schemes to allow people to get a foot on the house-purchasing ladder.

Originally, the schemes that they offered were aimed at low-income earners, but as property has become increasingly expensive, the schemes that are now available are attracting a much larger cross section of the population. Teachers, nurses, trainee doctors, police officers and IT workers are just a few of the professions from which purchasers are coming.

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Mortgage Information - Shared Ownership