Donate SIGN UP

Shared ownership dilemma

Avatar Image
andyjevs | 14:14 Fri 26th Aug 2005 | Business & Finance
1 Answers
I have bought my house with a shared ownership company called orbit. I own 45%...they own the rest. I have a mortgage on my share (�69k) and pay a subsidised rent on their section.

However, i was wondering if companies such as orbit (which are a housing association) would buy your share of the property back from you and you remain in there as a tennant and pay a full rent.
Has anyone any experience on this>
Thanks in advance
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by andyjevs. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
The first thing I would suggest is talk to Orbit, you are only asking a question as oppose to asking for them to do it. I believe some associations do this but they are independant from each other so it could vary from branch to branch

Only 1 answerrss feed

Do you know the answer?

Shared ownership dilemma

Answer Question >>