Why are shared ownership customers responsible for paying for major structural works within their home?

Shared ownership properties are usually leasehold, meaning that shared owners are leaseholders. Being a leaseholder is one of the main ways to own a home. The lease makes the shared owner the homeowner and they are responsible for all the repairs and maintenance in their home including major structural works and major repairs. This is the case with all leasehold properties, where the sharing of cost is stipulated in the lease.

Who to speak to

Ella Cheney, Shared Ownership Programme Manager