shared ownership service charge

What does the shared ownership service charge cover?

So, what does the shared ownership service charge cover? Shared Ownership properties usually have a service charge which you must typically pay monthly. This fee covers the maintenance of a property and it's surrounding area. Is there a service charge in a shared ownership apartment? There is almost always a service charge with a shared ownership property, but the property you have can determine what...

Shared Ownership – why all the negative press?

IF you Google the words “Shared Ownership” I can guarantee you will be met with a wrath of negative press. In fact I’ve just tried it myself, and the most recent article reports that there are “several catches to these apparently unbelievable offers”. Shared Ownership deals allow you to buy a share of a property instead of the full 100%, based on how much you can afford. The seller, usually...

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