News
Legal disputes between parents living in different countries on the rise
9th May 2013A BBC report published last week has highlighted that the number of legal disputes between parents residing in different countries has more than doubled in the last two years. [read more]
Should squatting in commercial premises be criminalised?
9th May 2013Until 1st September 2012, squatting in any type of building was a civil offence requiring recourse to the court in order to evict unwanted residents. [read more]
Police must treat 17-year-olds in custody as children
30th April 2013High Court proceedings were brought by a young man, now 18 years of age, who at the age of 17 had been detained in custody for 12 hours and strip searched before being released on police bail. [read more]
Shared Ownership
If you cannot afford to buy outright then a shared ownership purchase can help you get on the property ladder. In a shared ownership purchase you part buy, part rent your home. You can purchase a share between 25 per cent and 75 per cent of the full market value. The housing association will own the remaining share in the property and you will pay rent on that share.
After you have purchased your first share you can usually purchase more shares in your home, until you own the property outright. This is known as stair-casing.
Our expertise covers:
- Shared Ownership Purchases
- Shared Ownership Re-sales
- Staircasing (purchasing additional shares in your home)
The Residential Conveyancing team at Gepp & Sons are skilled in dealing with shared ownership properties and can guide you through these more complex transactions.
We also act for Social Landlords and Housing Associations under shared ownership schemes.
For more information please complete our Enquiry Form call us direct on 01245 343980 or email newbusiness@gepp.co.uk
