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co ownership
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I am wondering if anyone has bought a house under co ownership, if they could tell me anything about it please???
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For more on marking an answer as the "Best Answer", please visit our FAQ.http://www.housingcorp.gov.uk/yourhome/shared.htm
Shared ownership is perfect for tenants who can not afford to buy a property on a full mortgage. You can specify the percentage you want to buy and then up it from time to time.
for example you pay 50% mortgage and 50% rent on that property