r/Glasgow Tools

Title
AuthorPanda_Ruadh
Comment
I’m not sure, as we haven’t sold our house yet. We’re kinda watching the market and figuring things out… Put it this way - when we sell our current home, we’ll have to go for a home of much less worth. For example, say we sell ours for £260k, we’ll only be able to afford to bid £237k for a place. So the SG makes a profit on your sale if your home has appreciated in value, which ours has. But I suppose that’s how shared equity works!
Reddit Linkhttps://www.reddit.com/r/glasgow/comments/vo3dww/tenement_neighbourhoods_for_families/iegy82j/
CreatedFri 1st Jul 2022 5:37pm
Statusnormal ()

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