Shared ownership 25% and no heating

by Readers Question

A week ago

Shared ownership 25% and no heating

Make Text Bigger
Shared ownership 25% and no heating

Hello, I am about to purchase 25 % of a house under shared ownership and then pay rent for the equivalent 75% equity the housing association owns.

However, the house has no heating at all.

Can this be right? Does the Housing Association not have an obligation to provide a property with heating?

Many thanks

Cris



Comments

Neil Patterson

A week ago

If this is correct the rules for housing associations must be vastly different than for private landlords.

Is there a mortgage involved as a lender would not consider this to be suitable condition for security?

Wayne Hoban

A week ago

From my understanding of shared ownership, the maintenance and upkeep of the property would fall to you.


Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

OR

BECOME A MEMBER

Reintroduce mortgage interest relief and drop 3% stamp duty surcharge