Our shared ownership homes provide a part-buy part-rent solution for those on modest incomes.
Shared ownership properties allow you to purchase a percentage share of a property, with options to increase your percentage ownership over time.
You'll obtain a mortgage on the share you purchase, and will pay an Occupancy Charge (ie. rental) to Loreburn for the share that's rented.
Management fees are incurred for Factoring Services and shared owners are responsible for the costs of repairs and maintenance.