Nine Elms shared ownership refers to the shared ownership properties in the Nine Elms region.
The shared ownership scheme is a first-time buyer scheme provided by the Government to help you get on the property ladder quicker. With Nine Elms ownership properties you will essentially own part of the home and pay rent on the side you don’t own.
The rent can be reviewed at any time and you can own 100% of the shares if you want to stop paying rent. To do this you will need to get a shared ownership mortgage.
You can see the Nine Elms Shared ownership properties here
Shared ownership schemes are not the only ways to get on the property ladder. You can also use a host of other government schemes to get on the property ladder.
There are also private market schemes which may have fewer criteria than the government’s first-time buyer schemes.
If you are thinking of getting on the property ladder then Our property ladder plan could be just what you need to gain a perspective of how lenders view you and then go on to plan your property ladder journey.
The huuti property ladder plan will show you what government and private market schemes you are eligible for, it will show you your mortgage affordability, help you build your mortgage deposits and monitor your credit score.
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