THE STING IN THE TAIL OF SHARED OWNERSHIP

Maintenance costs

Leaseholders are liable for 100pc of maintenance costs regardless of the size of the share they own, and can be hit by rising service charges

Staircasing

Leaseholders must pay thousands in extra fees every time they want to purchase more of the share of the property, known as staircasing

Selling complications

It is harder to sell a share of a property than an entire home and the housing association has first refusal on the buyer