Article summary
The Department for Levelling Up, Housing and Communities (DLUHC) has published new guidance to describe how the Right to Shared Ownership scheme works and help eligible tenants buy an equity stake (worth between 10% and 75% of its full market value) in their rented home for the first time under the scheme. The DLUHC has said tenants will be considered eligible if they have been in social housing for three years, their property was built under the government’s Affordable Homes Programme 2021 to 2026 and they have lived in it for a year.
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