Any pearls of wisdom ....
I don't press links, unless there are naked ladies behind them.
So you buy 40% and rent 60%.....Hmmm. The details of the contract will obviously be key. I'm not sure I'd feel comfortable with it.
I suppose it's all about the maths at the end of the day.
Move up north Meldy. You can buy a detached 5 bed for £50!
Shared ownership has been around for a while, JM, it's not just for key workers.
You can increase the bit that you own as and when you have the funds to. You can end up owning it all.
You could always shag an old rich man Meldy...
Just offering different options!
I looked at shared ownership briefly a few years ago, but found something I could afford 100 percent of.
I think you'd probably have to MARRY the rich old man, to ensure that you got the house eventually. However, I'd check carefully for any wills that might leave it to someone else
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