Types of Shared Ownership
Shared ownership for people with disabilities or support needs
Key features:
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Funded by the housing corporation through housing associations. |
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Normally properties are purchased through estate agents using designated housing associations for people with disabilities or support needs. |
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The housing corporation provides an element of subsidy which keeps rents down. |
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These schemes always change the lease for people with disabilities and support needs so that the major repairs and maintenance of the property is carried out by the Housing Association. |
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The Main drawback to this scheme is limited availability throughout the country and not all areas of the country have money to buy homes. |
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