New national model for shared ownership | Colchester Borough Council

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New national model for shared ownership

It seeks views on a new national model for shared ownership to make it easier for people to buy more of their own home

IN THIS ARTICLE

It seeks views on a new national model for shared ownership to make it easier for people to buy more of their own home, including allowing them to buy in 1% increments.

It includes:

making it easier to increase the share you own: allowing owners to purchase shares in much smaller increments
making it easier to sell your home: by giving the owner more control over the sales process
making it easier to get a mortgage: by ensuring there is one preferred national model for shared ownership

This consultation from the Ministry of Housing, Communities and Local Government runs from 28 August to 29 September 2019.

Consultation: New national model for shared ownership