UK developer Latimer announced plans to roll out at least 10,000 affordable homes across Greater Manchester over the next decade, to be sold under a shared ownership scheme benefiting holders of the British National (Overseas) visa. Shared ownership is a government-backed housing scheme in the United Kingdom that allows first-time buyers to purchase a share of a property – typically between 10 percent and 75 percent – while paying rent on the remaining portion to a landlord, aiming to help those who cannot afford a full mortgage or deposit. UK developers are required to allocate a portion of new projects
UK developer Latimer announced plans to roll out at least 10,000 affordable homes across Greater Manchester over the next decade, to be sold under a shared ownership scheme benefiting holders of the British National (Overseas) visa. Shared ownership is a government-backed housing scheme in the United Kingdom that allows first-time buyers to purchase a share of a property – typically between 10 percent and 75 percent – while paying rent on the remaining portion to a landlord, aiming to help those who cannot afford a full mortgage or deposit. UK developers are required to allocate a portion of new projects Read More
