I am considering buying a flat and I would have to assess a mortgage application but am not sure I could pay it off by myself so I was thinking something on assessing a shared ownership mortgage along with my boyfriend. So what do you think about this opt. thanks!
Well I know for some very successful stories about shared ownership mortgage but if I were you I would never do that. The thing is that I have done the same thing almost 2 years ago, I have purchased the shared ownership mortgage along with my boyfriend but it happened that we split in the meantime and I was having a huge problem about the flat ownership issue. Anyway one of the ways out in case of some problems related to the shared ownership mortgage is the possibility that you may even buy your mortgage share once you are able to pay it off in total.
