Shared Owners To Be Given 990-Year Leases

 As part of its response to its consultation on a new model for shared ownership, the government has announced plans to introduce 990-year leases for new build shared ownership homes and confirmed a number of changes to the shared ownership model, including shifting the liability for repairs to housing associations. In addition, current shared owners will be given the statutory right to extend their lease by 990 years where the shared ownership landlord is also the freeholder. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/news/shared-owners-to-be-given-990-year-leases-as-government-confirms-raft-of-changes-to-tenure-70271