Price subject to revaluation
Some of our properties have a tag line 'Price subject to revaluation'.
And this is probably good news for you if you are buying. The price of shared ownership properties are set by an independent valuer with a formal Royal Institue of Chartered Surveyors (RICS) qualification. It takes into account the location and condition of the property and makes it fair for all involved; buyer, seller and housing association. The valuation has to reviewed every three months.
If values are falling, the benefit will be passed onto you, the buyer, before the transaction completes. So don't be put off by market conditions - falling prices will be passed on to you - you don't even have to ask.
Interested in living in Wandsworth
If so, here is a date for your diary. On 22 October 2009, Wandsworth Council are holding there annual affordable housing open day.
Yourhomefinder will bring you more information with regards to location and times nearer the day its self.
Affordable Housing
Affordable housing article made Metro Guide news on the 10th June 2009. This article raised the issue that affordable housing can be for keyworkers, couples, families and those wanting a property for long term.