Losing equity through shared ownership??

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davey123

Guest
Hi guys, i'm currently livng with my parents but desperately want to move out and start building my life. So im intrugued by Shared ownership, I have seen a couple of new flats near canary wharf right by my work so the location is perfect. Im not too bothered about the fact I would only own a percentage of the property.

However I am concerned about losing my equity over time. In what situation would this happen?

Cheers in advance
 
"Hi guys, i'm currently livng with my parents but desperately want to move out and start building my life."

Have you thought about renting?
 
i dont want to rent because:

1. i dont want to live with randoms and rent a room
2. i cant afford the monthy rent for somewhere decent on my own

have you experience with SO?