Buying a Shared Ownership Property in the UK/ Staircasing 100% to Freehold.

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LocsNchronicles Mrs O

LocsNchronicles Mrs O

Күн бұрын

In this video, I discuss the eligibility conditions to be able to buy a shared Ownership home in the UK
Our Shared Ownership personal experience
From no house of our own to 50% Ownership and then 100%
From leasehold to freehold.

Пікірлер: 18
@benjooppong6500
@benjooppong6500 16 сағат бұрын
Well done. Out of hardship comes the victory
@Star14342
@Star14342 3 күн бұрын
Thankyou soo much for the video, I am going through the process of shared ownership, it’s great to see someone who’s gone though the process😊 thankyou thankyou
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
@Star14342 You're welcome. I wish it all goes smoothly for you 😊
@FajirasConcept
@FajirasConcept 3 күн бұрын
Thank you so much sis for sharing ❤
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
@@FajirasConcept Thank you too sis 🥰
@TemiladeSoyoye
@TemiladeSoyoye 2 күн бұрын
aww congrats! the testimony is nice, when you listen to the Holy Spirit he provides a way. i always hear about how hard it is to scale up once the value of the house skyrockets by the time you are able to purchase, im glad you were able to do it!, did you find the jump in house value significant? also did the costs of maintenance increase significantly now owning 100% and bein responsible for more?, would u recommend others to do shared ownership based on ur experience?
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
@TemiladeSoyoye I will recommend it only if they meet the conditions I explained in the video, and they really could not afford more. I think it is better to buy on shared if one could, than solely paying rent, although, for some, it may not be the case. Yes, our mortgage payment went up by a lot, and the value of the house had increased. Investing in property is definitely worth considering.
@FajirasConcept
@FajirasConcept 3 күн бұрын
You absolutely gorgeous sis ❤
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
@FajirasConcept thank you sis ❤️
@adediwuraolanike
@adediwuraolanike 3 күн бұрын
Your glasses is giving ❤💞💞
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 3 күн бұрын
@adediwuraolanike eh eh thank you 😁❤️
@oyin8312
@oyin8312 3 күн бұрын
Thank you for this, Hoping my family and I can buy next year
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
@oyin8312 yes 🙌🏾
@Bissy291
@Bissy291 2 күн бұрын
Hi Mrs O, I am really considering SO. You went from leasehold to freehold, was the SO on a house, not a flat? Did they also consider your length of stay in the UK before approving your SO?
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
Yes, from leasehold to freehold. It is a house. Length of stay did not really matter as we had settled status.
@Bissy291
@Bissy291 2 күн бұрын
@@LocsNchroniclesMrsO oh, thank you
@Msunsungdots
@Msunsungdots 2 күн бұрын
where in the UK were you renting for 570 pounds a month. that is great
@LocsNchroniclesMrsO
@LocsNchroniclesMrsO 2 күн бұрын
I know right 😂that was a while ago though.
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