This means you’ll only need to find a deposit amount for the share that you’ve bought. You’ll also pay for a mortgage corresponding to the size of the share that you own, and you’ll pay rent on the rest. So if for example you buy a 35% share in your home, your deposit will only be 5 – 10% of the share you purchase. How much would you pay?
If you buy your home through Right to Buy and then sell it within five years of your purchase, you will have to pay back some or all of the discount. Find out more: the costs of buying a house or flat; Right to Buy mortgages. If you want to use Right to Buy but only have a small (or no) deposit, you may still be able to get a mortgage.
West London flats where buyers only need a 6k deposit for a 35% share Shared-ownership flats in regenerating Hounslow. Weak pound tempts international buyers back despite Brexit uncertainty
Rooms for rent in West London flat and house shares – 2578 currently available. 1000s more rooms to let in West London and across the UK at SpareRoom.co.uk – the UK’s #1 flatshare site Rooms for rent West London flatshare West London house share rooms to let
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Mortgage: Share to Buy ltd areand we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
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First-time buyer flats in west London: shared ownership homes need a deposit of just 6,000 at Hounslow Place Shared-ownership flats in regenerating Hounslow. Ruth Bloomfield