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Archive

Joint Ownership

Posted: 15 Aug 2017

Category: General

Hashtags: #New Home   #Affordable Home   

Purchase a home with a partner, friend or relative

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A common misconception about Shared Ownership is that you need to purchase a home on your own. However, this couldn’t be further from the truth. In fact, Shared Ownership was created to be as flexible as possible to help you get on the property ladder.

 

With this in mind, you can purchase a Shared Ownership property with your partner, a friend, brother, sister, cousin or anyone else you deem to be of housemate material.

 

There are also plenty of benefits of buying with another person. For example, there are two or more people to fill in financial assessment forms, multiple hands to unpack boxes, and someone else to help with potentially tricky DIY tasks such as putting up a shelf.

 

Additionally, buying with a partner, friend or relative means you increase your total household earnings, which makes it easier to get a mortgage.

 

If you’re interested in Joint Ownership and want to find out if you’re eligible, then contact our team today via phone (0300 555 2171) or email.

 

Are you looking for a stylish Shared Ownership home?

Southern Home Ownership is dedicated to providing stylish, high quality and modern new homes for sale on a shared ownership basis. If you're a first-time buyer and interested in owning a property in London and the South East then take a look at our latest Shared Ownership developments.