Posts by tag: disadvantages

On the surface, owning a home through shared ownership seems like a smart money move. But it’s not all sunshine and housewarming parties. This article covers three often overlooked downsides of home ownership, with a close look at how shared ownership homes can surprise buyers. Get real-life tips for handling these challenges, plus the facts nobody tells you about shared home ownership.

Shared ownership schemes offer an affordable entry into the housing market, but they come with their own set of drawbacks. These can include complex legal terms, limitations on property modifications, potential for unexpected costs, and complexities in reselling. Understanding these disadvantages is crucial for prospective buyers to make informed decisions.