06-10-2022 13:15 via metro.co.uk

The four-figure deposit: Shared ownership an increasingly attractive, affordable home-buying option

Deals where the deposit can be as low as 5% of the sahre you buy (Picture: Metro.co.uk/Supplied)The double whammy of high inflation and rising mortgage rates is stretching purchasers like never before.According to the latest data from Nationwide, a 10 per cent deposit on a typical first-time buyer property equates to almost 60% of annual gross earnings – an all-time high.
This makes shared ownership an increasingly attractive proposition, as the deposit can be as low as five per cent of th
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