Shared Ownership Residents Face High Service Charges 💸

Shared ownership aims to help with housing, but rising service charges are causing financial strain for residents, highlighting scheme issues.

Shared Ownership Residents Face High Service Charges 💸
Sky News
82.3K views • Apr 16, 2024
Shared Ownership Residents Face High Service Charges 💸

About this video

The shared ownership scheme was introduced to help people to get onto the housing ladder, but is "desperately failing" due to rising service charges.

Sky News analysis reveals a record number of legal complaints about people hit by rising leasehold service charges – in some cases going up as much as 300%.

Read more: https://news.sky.com/story/shared-ownership-we-cant-afford-it-it-makes-a-mockery-of-being-in-social-housing-13108552

#uk #property #sharedownership

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Video Information

Views

82.3K

Likes

532

Duration

2:43

Published

Apr 16, 2024

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