What is a Shared Ownership Property?
Shared Ownership is an affordable way to part buy and part rent your home. It is partly financed by a Government grant, so cheaper than buying a property outright and the combined monthly rent and mortgage payments are lower than the monthly cost of a full mortgage. You can buy as little as 25% or as much as 75% with an option to buy further shares when you can afford to do so. Although you may not own the property outright initially, you are a shared owner with the normal rights and responsibilities of a full owner occupier. The Banner Jones conveyancing team in Chesterfield, Sheffield, Dronfield and Mansfield, have lots of experience with Shared Ownership properties so let us guide you every step of the way.
How to Avoid Property Fraud
We know that moving house is often a very busy and stressful time. This may leave you more susceptible to falling victim to property fraud. This guide outlines useful advice on what you can do to help protect yourself.
Thinking of turning your home into an Airbnb?
The restrictions on overseas travel has seen a race for UK holiday accommodation. Where property owners look to make money from ‘staycations’ by offering their homes on sharing platforms such as Airbnb, the ease of letting does not take away the responsibility to understand and keep up with relevant rules and regulations.
Buying and Selling Houses
Download our free guide covering everything you need to know about the process of buying or selling a residential property.