2007-11-27 10:24:00 · 2 answers · asked by Ms.T.Rios 3 in Business & Finance ➔ Renting & Real Estate
I assume you mean in a house ?
You need to be doing a Job that pulls in enough money to meet your share of the Mortgage payments ...
Who-ever is organising the Shared Ownership will look at your income and outgoings and offer you a share based on how much you can afford to pay ..
eg. if your share is half the house, you pay the Mortgage on half the house ... and so on ..(it might be only a third or a quarter ..)
2007-11-27 20:35:33 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
It all depends on how much you earn and how 'stable' is your part time work. As long as the mortgage company is comfortable with your ability to service your mortgage, you can qualify for anything.
2007-11-27 21:02:23 · answer #2 · answered by L1LVN 3 · 1⤊ 0⤋