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

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