Bright, Susan and Hopkins, Nicholas
Evaluating models of affordable home ownership in England
Diamond, Michael and Turnipseed, Terry (eds.)
Community, Home, and Identity.
(Law, Property and Society).
Full text not available from this repository.
In recent years, alternative models of Low Cost Home Ownership have been developed, ranging from grants, through intermediate tenure, to co-operative housing models. Whereas Right to Buy was driven by the single minded mission of giving people what they want – full ownership – the newer models take account of a wider range of objectives. This chapter: a) Explains the legal frameworks used to deliver the main LCHO products available in England; b) Explores the ways in which the products deliver the benefits of home ownership to the individual in the form of wealth creation, security and ‘mainstreaming’; and c) Discusses the ability of these products to support two additional policy objectives: supporting sustainable communities through facilitating mixed neighbourhoods, and providing ‘value for money’.
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