en: forms: 2024: sales: guidance: shared_ownership_type_definitions: title: "Shared Ownership Type Definitions" content: "

Shared Ownership (old model lease): Cannot be used for homes funded through the Affordable Homes Programme 2021 to 2026. Use the new model lease for these properties.

Shared Ownership (new model lease): Homes bought using the Affordable Homes Programme 2021 to 2026.

Social HomeBuy — shared ownership purchase: Tenants of private registered providers purchase their home at discount on Shared Ownership terms.

Home Ownership for people with Long-Term Disabilities (HOLD): A shared ownership sale for those with long term disabilities.

Older Persons Shared Ownership: A type of shared ownership for those 55 years and over.

Rent to Buy — Shared Ownership: A sale following a period of discounted rent.

Right to Shared Ownership (RtSO): A sale of a share of a rented home to a tenant using this scheme.

London Living Rent — Shared Ownership: A shared ownership sale following a period of discounted rent as part of the London Living Rent scheme.

" discounted_ownership_type_definitions: title: "Discounted Ownership Type Definitions" content: "

Right to Acquire (RTA): a discounted sale of a property built or purchased after 31 March 1997 to tenants of a private registered provider.

Preserved Right to Buy (PRTB): a discounted sale of a property that used to be owned by a council to tenants of a private registered provider.

Voluntary Right to Buy (VRTB): a discounted sale to tenants in this PRP owned property, as part of a pilot scheme.

Right to Buy (RTB): a discounted sale to tenants in this council owned property.

Rent to Buy full ownership: a sale on full ownership terms following a period of discounted rent.

Social HomeBuy for outright purchase: a discounted sale to tenants of a private registered provider on full ownership terms.

Any other equity loan scheme: any scheme, not covered elsewhere, in which a loan is used to purchase equity.

" mortgage_lender: title: "Can’t find the mortgage lender you’re looking for?" content: "" outright_sale_type_definitions: title: "Outright sale type definitions" content: "

Outright sale: the full purchase of a property, usually with a mortgage or cash.

Other sale: any sale which does not fit the criteria of any of the remaining options.

" privacy_notice_buyer_joint_purchase: content: "Make sure the buyers have seen or been given access to %{privacy_notice_link} before completing this log. This is a legal requirement under data protection legislation." privacy_notice_link_text: "the Ministry of Housing, Communities and Local Government (MHCLG) privacy notice" privacy_notice_buyer: content: "Make sure the buyer has seen or been given access to %{privacy_notice_link} before completing this log. This is a legal requirement under data protection legislation." privacy_notice_link_text: "the Ministry of Housing, Communities and Local Government (MHCLG) privacy notice" address_search: title: "Can’t find the address you’re looking for?" content: "" address_uprn: title: "What is a UPRN?" content: "

The Unique Property Reference Number (UPRN) is a unique number system created by Ordnance Survey and used by housing providers and various industries across the UK. An example is 0010457355.

The UPRN may not be the same as the property reference assigned by your organisation.

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