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Evening Standard
Evening Standard
Business
Charlotte Duck

Shared ownership: how to ‘staircase’ to owning a home — the pros and cons

An early adopter of shared ownership, community driver Robert Smith, 63, has reaped the benefits of buying a 60 per cent share in a two-bedroom terrace house in North Woolwich in 1999.

“There wasn’t much in the area at that time — no DLR and little development. It was very much still Docklands. But he was thrilled to be able to get onto the property ladder in London,” says his wife, school librarian Elizabeth, also 63.

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