Sunday, 12 February 2012

When shared ownership goes sour | Money | The Guardian

When shared ownership goes sour | Money | The Guardian

If you own a house or flat and your circumstances change – you're moving in with a new partner, or your job has relocated to the other side of the country – you would probably consider renting out your property, even if only temporarily. But spare a thought for the shared ownership "prisoners" who are not allowed to do this.

Shared ownership schemes, where you buy a share of your home and pay rent on the rest, have helped thousands of people on to the property ladder in recent years. But some who signed up say they are the victim of tough housing association rules that ban them from renting out their property to anyone else.

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