#sharedownership
#shorthold tenants

shared ownership = leasehold = tenancy.

Don't own a brick.

What experts say about it below -

"Around 4,000 households staircased to 100% ownership in 2018/19, equivalent to 2.3% of all shared-equity homes"

Before then and getting the freehold (house) you are a leasehold tenant, still one at 100% with a flat.

"the process for selling a shared ownership property is not straightforward. Furthermore, the secondary market is small which can make it difficult to match buyers and sellers or move within the tenure."

"There will be a new 10-year, repair free period, during which maintenance and repairs costs will be met by the housing provider rather than the shared owner."

No guarantee that repairs will not be delayed until 10 years are up, or smuggled into a fast rising service charge.

"It has also been suggested that take-up by social housing tenants could be low because of the increased financial liabilities and potential difficulties in securing a mortgage."

Some existing SO buyers facing huge interim and building remediation costs