Key Post How "shared ownership" works

Discussion in 'Affordable housing and shared ownership' started by Brendan Burgess, Jul 31, 2012.

  1. Brendan Burgess

    Brendan Burgess Founder

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    You have a better chance of getting a response if you lay out your question in sentences and paragraphs.

    Brendan
     
  2. Alan Doyle

    Alan Doyle New Member

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    Apologies,my computer skills are zero.
     
  3. Skier

    Skier Frequent Poster

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    Zen

    not really,.... Brendan mentioned that there are two different shared ownership schemes prior 2003 and post 2003, and I think the article may be related to the prior-2003 case only but I am not too sure as they don't mention that in the article at all.

    Also, the Clawback relates to a different scheme ... Affordable houses (houses owned or built for council and sold at affordable price ...lower than the market the market price at the time of sell). Shared Ownership relates to houses bought from the open market (at the market price .... without any discount) and the Clawback doesn't apply in this case ... unless you bought the Affordable house through the Shared Ownership Scheme .... that I think complicates the situation a lot.

    Skier