Purpose

To seek Executive approval for the updated Fareham Borough Council Shared Ownership Policy.  

The Fareham Borough Council Shared Ownership Policy sets out the Council’s approach to its Shared Ownership properties.  This includes the criteria around household eligibility, marketing, selling and management of this type of accommodation.

A review of the policy and processes was undertaken following the closure of Right to Buy South.  The document is now updated with the new procedures, including some minor amendments.

The Policy does not apply to Shared Ownership homes provided by other Registered/Affordable Housing providers.

The Equalities Impact Assessment has been updated.  It has not identified any impacts for the protected characteristics.

Decision

RESOLVED that the Executive approves the updated Fareham Borough Council Shared Ownership Policy, as approved at Appendix A to the report, for publication.