This post is from my Newham Councillor colleague’s blog, James Beckles. While I am broadly in favour of shared ownership, it is simply disgraceful how badly many are treated with high service charges and fees, poor management and I think less than 3% “…Read more…
Shared ownership can become ‘financially unsustainable’ for buyers over time, report warns
“Shared ownership risks becoming “financially unsustainable” for lower-income buyers over time due to its “upward-only” costs and a system that requires them to buy as much as they can afford at the outset, a new report has warned” (Inside Housin…Read more…