Shared ownership is the key

21 November 2012

A recent survey from Lloyds TSB has unveiled that almost 50% of would be property owners today are considering taking up shared equity and shared ownership schemes. 25% of those questioned believe that affordable housing schemes are their best option when it comes to purchasing property.

The benefits of the schemes include more affordable monthly repayments and not being priced out of more expensive areas.

The results also demonstrated a difference in understanding as 81% of respondents believe they have a solid understanding of shared ownership schemes and only 64% of respondents felt they had a basic understanding of shared equity schemes.


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