Shared Home Ownership | First Home Partner

Shared home ownership allows people to partner with another party (person or entity) to buy a home. This means you can share the home ownership with family and if that is not an option then with a business (entity) that can provide the required funding.
Generally this concept is used when there is either not enough deposit or the income will not support a large enough mortgage, and then at a later time you can buy the share back off the other party to get full ownership of your home.
It’s a great way to get into your first home when other options may not be available.