In the traditional real estate market, residents either rent and own 0% of their home, or they buy a home and own all of it. Co-ownership gives homebuyers a new option, to break into the market without having to own 100% of the home they want to live in.
Co-ownership can be a great way to get onto the property ladder when homebuyers don’t have the savings to do it themselves, or if they have the savings but don’t want to put all of it towards their home. By pooling resources with others, buyers can co-invest and begin taking advantage of everything that homeownership has to offer.