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Aeolienne

Housing co-operative

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I've just printed off an application form for this housing co-operative. Just wondering if anyone here has had experience of living in a similar set-up. How easy/difficult did you find it? How much commitment is involved - is it generally compatible with a full-time job?

 

My situation is that I'm working as an intern in Cambridge. I'm being paid, albeit below the market rate. My contract has been extended from this month until February, but there's been no word so far of a pay rise. Based on what I paid for rent as a proportion of my salary in my last job, I reckon I would have to have an annual salary of £29k before tax in order to rent a one-bedroom flat in Cambridge.

 

I've also expressed an interest in a co-housing scheme. How do co-housing schemes differ from housing co-operatives?

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