Shared owners face a triple whammy: rising mortgage payments, rises in the rental charge on the portion of the property they don’t own, and ever-rising service charges. And worst of all? They virtually can't get out.
The division between "freehold" and "leasehold" is a monster hybrid of medieval law and postwar housing booms, unique to England and Wales. The cross-party move for reform has been stymied by Tory leadership convulsions. Now campaigners hope it can get back on track.
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