EXCLUSIVE: Residents in shared ownership hit with eye-watering service charges

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EXCLUSIVE: Residents in shared ownership hit with eye-watering service charges

The shared ownership scheme was introduced to help young people to get onto the housing ladder, but is "desperately failing" due to rising service charges.

Sky News analysis reveals a record number of legal complaints about people hit by rising leasehold service charges – in some cases going up as much as 300%.

Read more: https://news.sky.com/story/shared-ownership-we-cant-afford-it-it-makes-a-mockery-of-being-in-social-housing-13108552

#uk #property #sharedownership

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Date: April 16, 2024