Shared-ownership schemes could be of benefit to first-time buyers (FTBs) trying to get onto the property ladder, according to one expert.
A spokesperson for the National Housing Federation (NHF) said that FTBs are "increasingly" looking into such deals offered by housing associations.
Under such initiatives, home buyers can purchase a stake in a property and increase their share over time, he explained.
"You move up towards owning the place outright, but you do it at the pace that you're comfortable with and able to do," he remarked.
However, FTBs may find that shared-ownership schemes are limited and often "over-subscribed" with long waiting lists, he added.
According to a Michael Coogan, director general of the Council of Mortgage Lenders, affordability conditions in the UK remain "challenging".
Lenders are likely to increase the cost of mortgages as they look to "price for the risk they are taking on", he said, suggesting that this may have an impact upon people with negative credit status.
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