Shared Ownership Eligibility
Not all developments will have a local area connection requirement, but in order to qualify for Shared Ownership you must meet standard eligibility requirements.
Shared Ownership EligibilityThis generally applies in rural areas and small villages where land has been made available specifically for affordable housing to meet the needs of local people, rather than for private development.
These are known as ‘rural exception sites’ or 'protected areas' and are controlled by ‘Section 106 Agreements’. They aim to help local people and families afford homes in the area they currently live, work or have a family connection tp.
Priority is usually given to applicants with a local connection to the parish. If there are still properties remaining, allocation will be opened up to surrounding parishes and then to the whole of the local authority area. This ensures that the homes are occupied by residents as local to the area as possible.
If you want to find out more about the local connection criteria for a particular development, or check if you qualify, please email sales@platformhg.com