The UK government has announced an additional £2 billion in grant funding for affordable housing, aiming to deliver 18,000 new homes and support the national target of 1.5 million homes within this parliamentary term. This investment is a significant step toward addressing the ongoing housing crisis and creating more opportunities for affordable homeownership and rental options. The Benefits of the...
The social rented sector and low-cost home ownership options, such as shared ownership and shared equity, are critical components of the UK’s housing system. They provide essential housing options for millions, addressing affordability and security for a broad range of households. However, as we look to the future, these tenures must adapt and evolve to meet modern housing needs, reflect changing...
The UK Government has reaffirmed its goal to deliver 1.5 million new homes by 2030, addressing the critical need for increased housing supply. This ambitious target aims to tackle the housing shortage, improve affordability, and provide opportunities for homeownership to individuals and families across the country. While the scale of this ambition is notable, achieving it will require overcoming...
The housing market has become increasingly challenging, particularly for first-time buyers who often face high property prices and difficulties securing traditional mortgages. To bridge this gap, various affordable homeownership schemes have emerged, with Shared Ownership and Shared Equity being two popular options. While these terms are sometimes used interchangeably, they represent distinct approaches...
The UK government has introduced the First Homes Scheme as part of its ongoing efforts to make homeownership more accessible, particularly for first-time buyers and key workers. This initiative aims to provide affordable housing options for those who have been priced out of the property market due to rising house prices. In this blog post, we’ll explore what the First Homes Scheme is, how it works, and...
Homeownership is a dream for many, but with rising property prices and stringent mortgage requirements, it can often feel out of reach. However, Shared Ownership makes the dream of homeownership more accessible. This innovative scheme offers an affordable pathway to owning your own home, allowing you to step onto the property ladder with a smaller financial commitment. In this blog post, we’ll explore...
The UK rental market is diverse, offering various rental options designed to meet the needs of different segments of the population. However, the array of terms used to describe these options can be confusing for both tenants and investors. In this article, we’ll break down the key differences between Open Market Rent (Build to Rent), Affordable Rent, Social Rent, and Mid-Market Rent, helping you...
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