Could shared ownership be an answer to the rental crisis?

Equity Housing Group has welcomed shared ownership as a possible solution in the current housing crisis. It may well be a stepping stone towards owning a property which will in deed provide security for families

Promising development is due to happen in the next 5 years creating 860 new affordable homes.  This is great news and could help many people to get on the property

What is shared ownership? Shared ownership allows people who cannot afford 100% mortgage by simply taking a smaller mortgage and purchase a percentage of home and pay rent on the rest- this will no doubt make it more affordable choice for many borrowers

You can read the full article published in Property Reporter

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