This briefing note has been prepared by Gerald Eve LLP and is produced following the Government’s written statement made by the Minister of State for Housing published on 24 May 2021, in respect of an affordable housing update.
The update relates to plans for the delivery of the First Homes scheme and a new model for Shared Ownership through the planning system, which is due to come into effect on 28 June 2021.
Both First Homes and Shared Ownership are home ownership products falling under the intermediate tenure of affordable housing. These are each outlined in full in the PDF.
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