News about Jon Lord

The rapid rise of mortgage rates has made homeownership more affordable for the majority of people who must borrow to buy, as well as the Government's flagship program for first time buyers - Help to Buy - which came to an end in autumn. However, there are still options for those who need assistance in buying their first house. Shared ownership, which allows buyers the opportunity to own a portion of a home and pay rent on the remainder, is one of them. We have taken a look at how the scheme operates, the benefits, and whether it can be used to substitute Help to Buy.