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I Made £110,000 From a Shared Ownership Loophole (Sold My Flat)

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Автор: Matt Brighton

Загружено: 2023-01-08

Просмотров: 163460

Описание: How I make smarter property decisions - https://propertyinsights.io

I bought a new build shared ownership flat in London a few years ago, upon selling it in, I found a huge flaw / gap / loophole in the way the shared ownership system works with RICS valuations and open market permission to sell the London flat which enabled me to walk away with a lot of equity. This is how I did it. This is my UK experience of a first-time buyer, selling my first home.

This is done using a simultaneous staircase and onward sale transaction to own the property from the housing association and onwards sell it into a private buyer on the open market.

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WHO AM I:
I'm Matt, a senior product manager and property investor working Remotely for a VC-backed tech startup. I make videos about money, investing, tech and productively building a business.

GET IN TOUCH / BUSINESS:
If you’d like to talk, I’d love to hear from you. DM @mattbrighton_ on Instagram and I'll happily get back to you!

PS: Some of the links in this description are affiliate links that I get a small 'thank you' from, to help fund this channel. It also means you can get awesome deals with my affiliate partners! 😁

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I Made £110,000 From a Shared Ownership Loophole (Sold My Flat)

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