The new shared ownership model lease
Recorded on: 29/09/2023
A revised model lease has been introduced for use in the grant of new shared ownership leases. This lease will come into widespread use during 2023. The changes introduced to the model lease are significant.
Some of the new measures being introduced also impact on existing shared ownership properties.
This webinar considers the new provisions relating to:
- Lease term
- Initial share
- Staircasing
- Repairs and maintenance
- Resale process
- Extension of existing leases
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