Shared equity: Unlocking home ownership? [#238]
Help to Buy is finally here. So how do shared equity schemes work and are they a solution to unlocking homeownership?
This week on the Friends With Money podcast, Money’s Tom Watson is joined by Jack Elliott, mortgage broker and national first home buyer specialist at Alcove and First Home Unlocked, to discuss shared equity schemes and the first home buyer market.
00:00 Introduction
01:31 Understanding shared equity schemes
03:27 The federal government’s Help to Buy scheme
03:55 Eligibility and key points of Help to Buy
06:43 Considerations and drawbacks of shared equity schemes
13:35 Market insights for first home buyers
16:19 Final words of advice
18:03 Conclusion
#friendswithmoney #tomwatson #jackelliott #property #sharedequity
Podcast Links:
Listen on Apple Podcasts: https://apple.co/3mV0Cbr
Listen on Spotify: https://spoti.fi/3fSPI2h
Website: https://moneymag.com.au
Email: podcast@moneymag.com.au
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