Intermediate housing – approach to shared ownership sales
All homes will be advertised through Help to Buy and prioritisation will be informed by government policy and local connection to Tonbridge and Malling Borough.
There are two considerations that will inform the prioritisation of households, in the following order:
Help to Buy priority
Households awarded priority for Help to Buy under any relevant government policy or criteria in place at the time of sale/re-sale. For example, serving military personnel and former members of the British Armed Forces honourably discharged in the last two years and households who are existing rented social housing residents (housing associations and local authority tenants).
Local connection
Top priority will be given to households with a local connection to East Malling, West Malling and Offham ward and Kings Hill ward in line with the definition of local connection in the Council’s Housing Allocation Scheme.
Secondary priority will then be given to households with a local connection to the rest of the Borough of Tonbridge and Malling.
At the point of first sale, a period of six months will be made for prioritisation of households with a local connection to TMBC; six months will be from the point the home(s) are actively marketed and available to view/a show home is complete. At first sale the show home may be a similar property within the development.
For re-sales, priority will be given to any 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 then be sold to any household eligible for Help to Buy in line with such government criteria as may be in place at the time of sale/re-sale.