The New Shared Ownership Model Lease 
Expires after 90 days
CPD Hours: 1
A revised Model Lease has been introduced for use in the grant of new Shared Ownership Leases. This lease will come into widespread use during 2023. The changes introduced to the model lease are significant.
Some of the new measures being introduced in addition to the lease also impact on existing shared ownership properties.
This session will consider the new provisions relating to:
- Lease term
- Initial share
- Repairs & Maintenance
- Resale process
- Extension of existing leases