How does the ownership work?
There are no catches. Depending on the local authority the houses are sold either freehold or long leasehold (typically 120 years). The interest that is sold is 100% (we do not do shared equity) and this interest can be sold.

What are the advantages over a typical shared equity scheme?
Shared equity schemes will let purchasers buy a 25%, 50%, or 75% interest in the property valued at its unrestricted market value, but rent has to be paid on the portion that is not purchased.

Our scheme enables a 100% interest in the house to be purchased for say 66% of the value, so with a 100% interest being purchased no rent is payable on the remainder – this represents a much better deal than shared equity schemes.