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dave allen

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  1. Hi all, I'm looking for some advice on what to do with my shared ownership headache. I bought a 50% shared ownership flat from a housing association in 2005 for £45,000 and, after being in negative equity for years, it now has £20,000 left on the mortgage and is valued at approximately £35,000 for 50%. I moved out of the flat about 18 months ago and bought a house with a family member. I have just finished refurbishing the flat with the intention of renting it out. I have been running through some figures but it doesn't seem as rosy as I thought it might. At the moment
  2. Hi all, I'm looking for some advice on what to do with my shared ownership headache. I bought a 50% shared ownership flat from a housing association in 2005 for £45,000 and, after being in negative equity for years, it now has £20,000 left on the mortgage and is valued at approximately £35,000 for 50%. I moved out of the flat about 18 months ago and bought a house with a family member. I have just finished refurbishing the flat with the intention of renting it out. I have been running through some figures but it doesn't seem as rosy as I thought it might. At the moment
  3. Hi all, I'm looking for some advice on what to do with my shared ownership headache. I bought a 50% shared ownership flat from a housing association in 2005 for £45,000 and, after being in negative equity for years, it now has £20,000 left on the mortgage and is valued at approximately £35,000 for 50%. I moved out of the flat about 18 months ago and bought a house with a family member. I have just finished refurbishing the flat with the intention of renting it out. I have been running through some figures but it doesn't seem as rosy as I thought it might. At the moment
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