S
snapperdragon
New Member
I’m a first time buyer in London and planning to buy a new build directly from the developer. I have been told that the apartment that I plan to put an offer on has more than 50% apartments for social housing (shared ownership & affordable rent).
To be precise, out of the 292 flats, 127 flats are for private owners, 123 are for shared ownership, 42 are for affordable renting.
I heard from someone that having such a high percentage for social housing can have some disadvantages.
What is the impact how 50% plus social housing - from a lending perspective? and from future resale perspective?
Any positives and/or negatives about this would help immensely.
To be precise, out of the 292 flats, 127 flats are for private owners, 123 are for shared ownership, 42 are for affordable renting.
I heard from someone that having such a high percentage for social housing can have some disadvantages.
What is the impact how 50% plus social housing - from a lending perspective? and from future resale perspective?
Any positives and/or negatives about this would help immensely.
