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Tag Archives: Shared ownership
Shared ownership makes Mosaic Place hard to piece together
Even before the latest global economic shock hit the construction trade, house-building in London had slowed to a crawl. JOHNNY DOBBYN looks at one scheme of more than 100 flats in Purley that provides a possible case study to show … Continue reading
Homes report warns of ‘unsustainable’ shared ownership deals
Shared ownership risks becoming “financially unsustainable” for lower-income buyers, warns a report published this week. The report, Shared ownership: the consumer perspective, reveals how more than one-third of shared owners display indicators of financial vulnerability, with lower financial resilience and … Continue reading
Towering prices leave L&Q with 1,500-plus unsold homes
Brick by Brick was ahead of the trend for building unsellable, over-priced shared ownership homes. By BARRATT HOLMES, housing correspondent Croydon’s Brick by Brick is not the only housing business that appears to be struggling to off-load its stock of … Continue reading