This is the process where we can assist shared owners in severe financial difficulties by re-purchasing shares from the shared owner by degrees, or convert fully to become an assured tenant.
This process is limited to certain circumstances where a shared owner is, or is about to get into mortgage arrears and potentially lose their home.
There are strict regulations and criteria for this scheme with which we must comply.
Funding is limited and in the first instance please contact the Home Ownership Services Team to see whether we can help.