000			01331cab a2200229 4500
001			##L132840
008			060313n2006 000 0 eng u
035			_a(Sirsi) u132840
041	0		_aeng
100	1		_aDriscoll, James
245	0	2	_aA stairway to homeownership
260			_c2006
490		0	_aEstates Gazette _v(0609) 4 March 2006, 175-176(2)
520			_aDescribes the advantages of the co-ownership or shared ownership trust model as a means by which those on low incomes can buy a stake in their home. Whereas the statutory restriction on the leasing of residential commonhold units such as flats and houses has acted as a disincentive to using commonhold, the new co-ownership model developed by Trowers and Hamlins is an effective alternative to the shared-ownership lease and obviates the use of long leases in a commonhold. Explains how co-ownership trusts can deliver low-cost homeownership and how the equity is shared. Outlines the legal arrangements of the shared ownership trust and the advantages of this new model.
590			_aIKA140306
650	2	4	_aCOMMONHOLD AND LEASEHOLD REFORM ACT 2002 PART I
650	2	4	_aCOMMONHOLD REGULATIONS 2004
650	2	4	_aTRUSTS OF LAND AND APPOINTMENT OF TRUSTEES ACT 1996
690			_aPROPERTY-COMMONHOLD PROPERTY
700	1		_aTarget, Laurence
942			_n0
999			_c76653 _d76653