Shared Equity definitions

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Shared Equity

Shared Equity logo #20464A scheme whereby an individual purchases only a percentage of the property and the developer owns the remaining percentage. Rent is paid to the developer on the remaining percentage.
Found on http://www.encyclo.co.uk/local/20464

Shared Equity

Shared Equity logo #10444A scheme operated by a developer where the developer retains a percentage equity of around 10% in the property. Thus the developer holds a second charge over the property. The 10% owing may be interest free or may incur interest and be added to the total amount owing on the property.
Found on http://www.encyclo.co.uk/visitor-contributions.php
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