Shared Ownership: Pros & Cons Explained 🏡

Today's video titled; Shared Ownership Explained looks at the pros and cons of the shared ownership scheme, which is a help to buy option provided by the UK government. Is the shared ownership scheme a worthwhile venture to get yourself on the property ladder? Or are there better alternatives out there available to you?

Useful timestamps:
00:00 Introduction
01:30 What is the shared ownership scheme?
02:06 Eligibility for the shared ownership scheme
02:20 How does the shared ownership scheme work?
02:57 Staircasing
03:25 How to sell a shared ownership house
03:44 5 Pros of the shared ownership scheme
04:45 7 Cons of the shared ownership scheme
07:27 Bloopers

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References used:
https://www.sharetobuy.com/guides-and-faqs/shared-ownership-the-costs/
https://www.which.co.uk/money/mortgages-and-property/first-time-buyers/help-to-buy/shared-ownership-awjs50y9dbf6
https://www.gov.uk/affordable-home-ownership-schemes/shared-ownership-schemehttps://www.unbiased.co.uk/life/homes-property/shared-ownership
https://www.sharetobuy.com/guides-and-faqs/shared-ownership-pros-and-cons/

#sharedownership #helptobuy #sharedownershipscheme