Q&As

What are the eligibility requirements of low cost discounted market housing?

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Published by a LexisNexis Local Government expert
Published on: 20 April 2016
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Low cost discounted market housing

We refer you to Practice Note: Affordable home Ownership, which outlines what low cost market housing is and explains that Term is not an exact term of art but is in fact used to cover a number of schemes. This contains information on low-cost home ownership, social housing, shared ownership and Social Homebuy.

To be eligible for shared ownership applicants must have a (household combined) income of less than £80,000 (although in exceptional circumstances

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Requirements definition
What does Requirements mean?

A DCO should include “Requirements” to which the development authorised by the DCO is to be subject. Similar to planning conditions, a requirement specifies the matters for which detailed approval needs to be obtained before the development can be lawfully begin.

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