The fresh new Houses Power portion of ownership is dependent on the financing equipment you select, the home really worth and amount borrowed you qualify for
The brand new Property Authority have the earliest option to buy the property in case they like to not order it, the property might be obsessed about the new open market. Notice, this is to have flexible mutual control mortgage brokers services merely, repaired mutual ownership fund could only getting ended up selling back once again to new Construction Expert.
Generally sure, and in addition we remind one do so. Nevertheless respond to might be dependent on the kind of common possession property it comes to.
If it is an excellent Flexible’ possessions you might improve your control when you can pay for in order to. Stamp duty concessions and you can bonuses may pertain.
If it is an excellent Fixed’ property the new Houses Authority will always hold their part of the home. In the event the however, you choose to sell your display back again to the Property Expert in line with the economy valuation, you need so it guarantee to acquire several other possessions.