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shared ownership housing

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Rosie55 | 17:04 Mon 28th Mar 2005 | Home & Garden
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My son pays 50% mortgage and 50%rent on his rerraced house.


If he takes over the next 25%of the mortgage, can anyone give a rough idea of how much his rent is likely to reduce, please?

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Assuming, you mean he will then be renting 25% of the total as opposed to 50% he can expect a 50% reductions, ie 50% of 50 = 25

Try this one - http://www.swayhs.org.uk/homeown/newbuild/sportsman.pdf

These are who I did shared ownership through and the above is an example of various shares with rents.

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