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Update on Co Ownership
Co Ownership is no longer accepting new applications at this time due to funding shortage.
Alan Crowe, Chief Executive of Co-Ownership Housing stated on 14 March 2008
"It is with great regret that I announce that since close of business on Friday 14 March 2008, Co-Ownership is unable to accept new applications to help people wishing to buy an affordable home at this time.
We do not expect this announcement will affect the 700 plus households who are currently in the middle of purchasing a home through Co-Ownership. At this time, it is business as usual for them. Neither will it affect the 4,000 households who currently own a Co-Ownership home. We have taken all necessary measures to notify and reassure applicants and current home owners about what is happening.”
Contact The Mortgage Shop directly where we have access to over 100 lenders, to discuss what mortgage options remain available to you. Property prices are continuing to drop. We can assist in the bidding process and will aim to get you a suitable mortgage to buy your first home.
Call us today on Freephone 0800 028 60 70 or to request a call from your local professional mortgage advisor click here.