shared ownership
Frequency: 6.89.5 per million words
a system where you part-buy and part-rent a property
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Examples (10)
- Many first-time buyers opt for shared ownership to get on the property ladder.
- Under shared ownership, you buy a portion of the home and pay rent on the rest.
- You can increase your stake in the house through shared ownership staircasing.
- Is shared ownership a viable option for those with a small deposit?
- The monthly costs of shared ownership are usually lower than a full mortgage.
- She bought a 40% share of the flat through a shared ownership scheme.
- Shared ownership homes are typically managed by local housing associations.
- You must meet certain income criteria to qualify for shared ownership.
- Selling a shared ownership property involves specific legal procedures.
- The government expanded the shared ownership scheme to help more families.