Can I make improvements to my shared ownership property?

Mortgage Help For Those Seeking A Shared Ownership Mortgage Quote To Best Suit Their Circumstances

We Could Help find you a Shared Ownership Mortgage, At a Very Competitive Interest Rate

The Main priority is to provide you with a first class service for all your Shared Ownership Mortgage needs, Depending on your circumstance we can help you find a Shared Ownership Mortgage at a very competitive interest rate, we do all the leg work, so you can relax. Click Here to request a call back and an advisers will contact you shortly.

All You Have To Do is simply fill out our Quick Mortgage Application Form

FREE Copy Of Our "Mortgage" Guide - Click Here

Back To Shared Ownership Mortgage Customers

Click Here For Our Guide To Mortgages

Mortgage Help Desk UK - Mortgage Products

Can I make improvements to my shared ownership property?

If you are intending to make any improvements to the structure of the home, or any alterations to the home, you will have to obtain written permission from the housing association / local authority / social landlord or whoever owns the other share of the home. Once this permission has been given , only then can you make improvements to the property as long as they are within what has the permission granted.If it is structural then you may also need to seek permission from your local council also, however structural changes are seldom given unless you own a very large percentage of the property.When you purchase a home under the shared ownership scheme, you will be responsible for all the upkeep and maintenance of your property. If the upkeep of the property is done by the housing association / local authority / social landlord, your solicitor will have adviced you when you purchased the property of the service charges that will be payable by yourself to the landlord for the upkeep of the property.If you do not ask for permission the landlord can make you put the poperty back to its original condition at your cost.

Shared Ownership Mortgages Frequently Asked Questions

What are the main Disadvantages ?	Can I make any changes to the property?
What percentage can I purchase ?	What are the different types?
What happens if I want to sell ?	How do I find a Shared Ownership property?
What are the main Advantages ?	Can I buy more share of the property?
Do I qualify for a shared ownership?	What are the up front costs ?

Mortgage Help Desk UK - Mortgage Products

"Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage "

No information on this website is intended to constitute advice. This site contains a summary of the information relating to the products. If you are interested in any of the information on the site, you should seek information from us. We cannot guarantee that information will be accurate, complete and current at all times. All information on our Website is subject to change without notice.