On Wednesday, 2 October 2019 17:00:26 UTC+1, whisky-dave wrote:
On Wednesday, 2 October 2019 16:32:54 UTC+1, Dave Liquorice wrote:
On Wed, 2 Oct 2019 05:39:53 -0700 (PDT), whisky-dave wrote:

The latest ones near me seemed cheap ranging from £120K but on reading
the small print it;s for 25% owenership! so yuo have a mortgage for
£100K and then have to pay some form of rent, and then when the lift
breaks down and needs replacing what then ?

75% landlords problem.

and they will say can't afford it. A simialr thing happened with the houses for sale for £1, a cheap buy if yuo have the £30K+ to repair them.

If it's the same scheme I looked at, part of it was you were required to take their £30k loan too.


NT