Co-ownership scheme will fail poor
Language: English Series: Times ; 6 January 1999, 33(2)Publication details: 1999Subject(s): Summary: Critics claim that the new Homebuy scheme will exclude those on the lowest incomes from entering into shared ownership. The new scheme requires buyers to pay at least 75% of the cost of the property, as opposed to 25 to 75% under the do-it-yourself shared ownership scheme.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3501-31 (Browse shelf(Opens below)) | 1 | Available | 90548-1001 |
Critics claim that the new Homebuy scheme will exclude those on the lowest incomes from entering into shared ownership. The new scheme requires buyers to pay at least 75% of the cost of the property, as opposed to 25 to 75% under the do-it-yourself shared ownership scheme.