Following a consultation by the Department for Communities and Local Government (DCLG) and the Homes and Communities Agency (HCA) on the streamlining of shared ownership resales, the following policy changes will apply from April 2015:-

Change When in force?
A new HCA model lease will be issued removing the pre-emption right following 100% staircasing April 2015
The HCA will amend its guidance recommending that providers remove the pre-emption right following 100% staircasing for existing shared ownership leases April 2015

Future developments:

In the summer of 2015, the government will carry out a review of shared ownership focusing upon potential longer term options for change.

For more information

Please contact Matthew Roach