Shared Ownership Dwelling definition
Shared Ownership Dwelling means an AHP Dwelling to be disposed of on Shared Ownership Lease terms or, in respect of an OPSO Scheme, on Older People's Shared Ownership Lease terms;"
Shared Ownership Dwelling means a dwelling which is subject to a shared ownership lease granted under section 622 of the 1985 Act;
Shared Ownership Dwelling means an Affordable Dwelling to be let on a Shared Ownership Lease in accordance with the terms as set out in Homes England’s capital funding guide or any other such guidance as shall replace it
Examples of Shared Ownership Dwelling in a sentence
On Subsequent Sales in the event that the Registered Provider or the owner of an RP Shared Ownership Dwelling is unable to sell an RP Shared Ownership Dwelling in accordance with paragraph 1.2 above within a period of 90 days of Advertising the RP Shared Ownership Dwelling may be sold to any willing purchaser in accordance with paragraph 1.1 above and such person shall remain bound by the terms of this Deed.
More Definitions of Shared Ownership Dwelling
Shared Ownership Dwelling an Affordable Housing to be made available by a Registered Provider where a proportion of the equity is sold on a long lease to the purchaser (such lease to be based on the model form of lease issued by Homes England and the remainder of the equity is retained by the Registered Provider subject to rent being charged on the retained equity and on terms that entitle the purchaser to acquire up to 100% of the equity through Staircasing
Shared Ownership Dwelling means an Affordable Housing Unit to be made available by a Registered Provider by means of a Shared Ownership Lease "Shared Ownership Lease" a lease or sub-lease of an Affordable Housing Unit whereby no less than twenty five per cent (25%) and no more than seventy five percent (75%) of the equitable interest in the Affordable Housing Unit is to be paid by the tenant or sub-tenant upon the initial completion of such lease or sub-lease or raised by mortgage or charge from a reputable bank or building society and which lease or sub- lease shall also include arrangements for rent but enable him to acquire the balance of the legal and equitable interest in the Affordable Housing Unit at a future date or dates “Site” the land against which this Deed may be enforced as shown edged red on the Plan.
Shared Ownership Dwelling means a Subsidised Dwelling that is intended to be part owned by the occupier and part owned by the RSL with the occupier paying rent in respect of the share owned by the RSL whether currently part sold or vacant
Shared Ownership Dwelling means an Affordable Housing Unit to be let on a Shared Ownership Lease in accordance with the terms as set out in the Capital Funding Guide the Capital Funding Guide published by Homes England and any other publication that supercedes it
Shared Ownership Dwelling. Affordable Housing Units to be let on a Shared Ownership Lease to a household for which the household income does not exceed Sixty thousand pounds (£60,000) per annum or such other household income for the time in force in accordance with the terms as set out in Homes England’s capital funding guide and which shall make up 30% of the Affordable Housing Units
Shared Ownership Dwelling means a dwelling which is subject to a shared ownership lease granted under section 622 of the 1985 Act; "year" means the period of 12 months beginning on 1 April;