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I think it depends on your circumstances and medium/long-term plans. If you plan to stay in the place for a long time and possibly staircase (buying more % of the property) then it could work out quite well. There's no way I could have bought my place outright (1 bed flat in E15) and the privately rented flats in my block go for about £800 per month more than I'm paying for my rent and mortgage combined.
However, if you think you'll be in a position to buy somewhere outright in the next few years then I would say to hold out. You will no longer be a first-time-buyer, so will lose out on any incentives like stamp duty, for example. The fees for selling (with my HA, at least) are also very high. I'm with L&Q, who charge 1% of total market value plus VAT. I only own 30% of the property, so I'm effectively paying 3.33% of my share + VAT, which is way more than any estate agent would charge and you still have to conduct your own viewings, etc.
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jackincaves
Has anyone on here got any experience on shared ownership? it definitely has its catches by the looks of things but also seems to be the most viable way of getting on the ladder in some way at the moment for us