Available to 1st and 2nd time buyers New build DMS properties Maximum income £80,000 Shared Landspeed Privately funded Shared ownership and shared equity No rent on unsold share, acquire units and ownership/Shared sell to buyers on terms/criteria agreed with equity LA Local scheme contact: Sandra Sainsbury Shepway DC – Shared ownership Rural Housing Part of Hobden Shared ownership Specialist developer of shared ownership on Trust Ltd Group rural exception sites (possibly will venture owned group of into starter homes as well) property companies involved in property development and investment) Shared equity Graduated Model promoted acquires the entire freehold (or ◦The Owner Ownership by the Future leasehold) estate in his home from the Housing Review Provider, so the ownership itself is not ‘shared’. is required for a ◦No HCA model lease house. a normal lease is required for a flat, ◦Only not an HCA model is no rent payable on the ◦There ‘unowned in a GO scheme. share’ GO scheme provides the Owner with an ◦A which automatic bonus (the ‘Increment’) compensates the Owner for taking on all repairing liabilities.
Available to 1st and 2nd time buyers New build DMS properties Maximum income £80,000 Shared ownership/Shared equity Landspeed Privately funded Shared ownership and shared equity No rent on unsold share, acquire units and sell to buyers on terms/criteria agreed with LA Local scheme contact: Sandra Sainsbury – Shepway DC Shared ownership Rural Housing Trust Ltd Part of Hobden Group group of property companies involved in property development and investment) Shared ownership Specialist developer of shared ownership on rural exception sites (possibly will venture into starter homes as well) Shared equity Graduated Ownership Model promoted by the Future Housing Review ◦The Owner acquires the entire freehold (or leasehold) estate in his home from the Provider, so the ownership itself is not ‘shared’. ◦No HCA model lease is required for a house. ◦Only a normal lease is required for a flat, not an HCA model ◦There is no rent payable on the ‘unowned share’ in a GO scheme. ◦A GO scheme provides the Owner with an automatic bonus (the ‘Increment’) which compensates the Owner for taking on all repairing liabilities. owned
Housing-products-table-v2-Sept-2016.docx