The need to provide affordable housing is increasing and with that the market for shared ownership properties is also growing. Shared ownership makes it easier for buyers to get on the housing ladder, with lower deposits needing to be paid, and can also help older people with certain schemes being solely aimed at those over 55.
This book is intended for those conveyancers acting in respect of the purchase, re-mortgage and sale of shared ownership properties, together with those dealing with any staircasing transactions. The book contains guidance as to what you should be looking at in the lease together with various other considerations that should be kept in mind when dealing with shared ownership properties.