Thousands More People To Be Given Step Up Onto The Housing Ladder

A package of measures to help people on lower incomes get onto the housing ladder have been confirmed today by Housing Secretary Robert Jenrick, including;

·         Plans for a new national model for shared ownership that will help thousands of lower earners step onto the housing ladder

·         Social tenants moving into new homes will be given the chance to buy a share

·         Just a 10% minimum initial stake will be required, cut from 25% for all shared ownership homes

·         Plans to allow people to buy their home in 1% chunks – rather than 10% at a time

Read more on the GovUK website.

https://www.gov.uk/government/news/thousands-more-people-to-be-given-step-up-onto-the-housing-ladder