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Can I take Shared Ownership/Shared Equity products are currently unavailable a further advance on a shared ownership property in the first 12 months?

April 26, 2017Currently equity months ownership products Property Shared

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Can I take Shared Ownership/Shared Equity products are currently unavailable a further advance on a shared ownership property in the first 12 months?

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No. We can consider a further advance only after the first 12 months subject to no payments being missed during the first year and the Housing Association’s written agreement. Please note that the total borrowing cannot exceed the percentage share of the current valuation.