What happens after you buy a Shared Ownership home?
When you’ve completed you become a leaseholder, so you’ll need to keep up your repayments on your rent and service charge as well as your mortgage payment or your home could be repossessed.
Want to buy more shares in your home?
You can buy more shares in your Shared Ownership home and depending on the lease agreement this could be all the way to 100% outright ownership. This is known as staircasing. Find out more
Our team will go the extra mile and stick by you through the buying journey, so if you need more information about what happens after you’ve bought your home we’re always here for you. Contact us on 0203 815 2222