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Thanks for the offer, but no. I think it's quite clear that we won't be getting a mortgage in the immediate future. Which is a bummer, because the money we have can only depreciate in comparison to property values.
Looking into just dropping it on a shared-ownership without a mortgage. Anyone know what the deals are with shares? Are they set or do you negotiate? Is 25% the smallest (I'd rather have a smaller percent to live in a part of town we're comfortable in, than a larger percent but be in Edmonton). I saw a 10.5% share once, but that was somewhere out of London.
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that's a shame :(
re shared-ownership
if you want more % of the property then you buy the housing association out.
there's no negotiation on % as this is how the HA will make their money (as you're only paying the seller at this point) only possible negotiation is with the actual seller with your price offered, however bear in mind that these properties often appeal to many others in your situ as they are more affordable straight off so if you make out you're wanting to neg or offer less you're more likely to be ignored/snubbed by the agent as there are many others who are willing to buy straight away.
double check the service charges too as they tend to be high, you'll be paying this along with your rent for the remaining % to the HA.
not sure about smallest % avail.
Ethel
Hiya, did you still want to speak to someone? I work in an EA and my colleague is super good.
( She's independent. )