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.