Intermediate housing – approach to shared ownership sales

All homes will be pro-actively advertised by Orbit through Orbit’s website and other platforms such as Share to Buy including local promotion, as appropriate.

There are two considerations that will inform the prioritisation of households, for both initial sales and resales in the following order:

  • Households awarded priority for Help to Buy under any relevant government policy or guidance and capital funding criteria in place at the time of sale. For example, serving military personnel and former members of the British Armed Forces honourably discharged in the last two years.
  • Local connection- Where demand for initial sales from eligible buyers outweighs supply, priority will be given to households with a local connection.

Top priority will be given to households with a local connection to Larkfield ward or Aylesford South and Ditton ward in line with the definition of local connection in the Council’s Affordable Home Ownership Discount Sale Policy or equivalent Council policy in place at the point of sale.

Secondary priority will be given to households with a local connection to the rest of the Tonbridge and Malling Borough.

For re-sales, priority will be given to households with a local connection within the marketing period alongside the Help to Buy criteria for any interested buyers. If there are no interested eligible buyers with a local connection, homes may be sold to any household eligible for Affordable Home Ownership in line with relevant government criteria and Orbit’s policy criteria in place at the time of sale.