does anyone know anything about shared ownership?

Question

Preferably within the Edinburgh and Lothian area.

Answer 1

Shared ownership of what, specifically? A car, boat, house, company, idea, patent. Please clarify...

In the meantime, I will provide a general answer. An asset always has paperwork that describes ownership. In the examples of cars, boats, and homes, this paperwork is called the TITLE (aka, DEED).

A company, idea, or patent will have other types of paperwork that describe ownership. There are many types and will get much more complicated. Some types of paperwork relating to business are "articles of incorporation", "partnership agreement", etc.

If you wish to purchase a home with a friend, you will purchase the home and put both names on title. This is commonly referred to a TITLE held in JOINT TENANCY WITH RIGHTS OF SURVIVORSHIP (JTWFROS).

When applying for a loan to a bank or lender, simply tell them that you want to purchase the home WITH someone else. The same applies to other standard physical assets like cars, etc. They will take care of the details...