The fresh new Housing Authority portion of ownership might be determined by new loan unit you decide on, the house or property worth in addition to loan amount you be eligible for

The newest Property Authority have the first option to find the possessions however, if it prefer to not ever buy it, the home are going to be sold on the newest open-market. Mention, this really is for versatile mutual control mortgage brokers functions simply, fixed common control finance are only able to end up being offered returning to new Houses Expert.

Fundamentally sure, and in addition we prompt you to definitely get it done. However the address would-be determined by the kind of shared control possessions you are looking at.

If it is a Flexible’ property you could improve your possession whenever you manage to help you. Stamp duty concessions and you can bonuses can get pertain.

If it is an effective Fixed’ possessions the fresh new Casing Expert will always keep its part of the house. When the although not, you decide to sell the display back once again to the new Construction Authority according to research by the current market valuation, you can utilize it equity to get another assets.