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Shared-Ownership Leases - Buy-back (Complaint Reference 15490)

publication date: Feb 20, 2007
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The Complainant and her partner became shared owners with the Landlord on 7 August 2003. They purchased a 40% share based on a £205,000 valuation. At the point of purchase the Complainant and her partner had a joint income of £32,500. The Complaint subsequently asked the Landlord to buy back her and her partner’s share of the property on the basis that they could not afford to live at the property anymore.



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