can you buy a lower percentage other than what is adevetised on a shared ownership resale flat?

Posted on Apr 28, 2009 under Time Share Resales |


for example this property is advertised at 65% shared ownership but i want a lower ammount as i can't get enough mortgage so i wish to purchase 50%

You can ask to buy a smaller share, but cannot insist on it.

To some extent it also depends on who is selling the share. If it is the person who currently has 100% and is looking to dispose of a portion, you stand more chance of success than if the seller has the 65% and is looking to off load what they have.

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One Response to “can you buy a lower percentage other than what is adevetised on a shared ownership resale flat?”

  1. old.holly265 Says:
    April 28th, 2009 at 6:08 am

    You can ask to buy a smaller share, but cannot insist on it.

    To some extent it also depends on who is selling the share. If it is the person who currently has 100% and is looking to dispose of a portion, you stand more chance of success than if the seller has the 65% and is looking to off load what they have.
    References :

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