The Government has announced its intention to lift the shielding requirement for extremely vulnerable people. Katherine Sinclair and Libby Hubbard discuss...
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|
In the summer of 2015, the government will carry out a review of shared ownership focusing upon potential longer term options for change.
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