21 Mar

Shared ownership flats: ‘Mum died not knowing I would be left with £25,000 debt’

Lois Ploughman thought her property was a sound investment to leave her family. Instead, her daughter was bequeathed a huge headacheA woman has accused a housing association of saddling her late mother’s estate with a £25,000-plus debt that is growing by more than £1,000 a month.When Penny Ashcroft’s mother Lois Plowman died of cancer aged 69 in 2018, she owned a 25% share of a shared ownership flat in London – all she had to leave to her children. Continue reading…

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