The government has announced it is relaxing the criteria
for those who can apply for the shared ownership scheme. This will mean that
from April 2016, 175,000 more people will be eligible for homeownership across
the country. Thousands across the country could now require a deposit of as
little as £1,500 under new the measures, which allows people to part buy and
part rent their home. It is part of government plans to help a million more
people into homeownership, including investing £4 billion to build an
additional 135,000 shared ownership homes. Read more on 24dash.
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