What do I pay rent for?
Frequently Asked Questions
With a shared ownership lease, if you wish to re-mortgage at any stage you need to obtain our consent which will never be unreasonably withheld. A formal valuation may be required. We can never approve a mortgage that is greater than the value of the share that you hold in the property. Please contact the Homeownership Team for more information on the process.
As a 100% leaseholder, if you re-mortgage your property then a Notice of Charge or Mortgage has to be sent to us from the lender or your solicitor.