Posted 17.10.19
GOV.UK: Further reading
A package of measures to help people on lower incomes get onto the housing ladder have been confirmed today by Housing Secretary Robert Jenrick.
The government has been reviewing 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.
These measures are now being confirmed, giving thousands of social tenants an opportunity to purchase a stake in their home.
For tenants in new housing association properties, there will be an automatic right to buy a share of their home from as little as 10%, with the ability to increase that share over time - up to full ownership.
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