The Homeownership Policy is a crucial document that impacts all our freeholders, leaseholders and shared owners.
Update:27th August
Thank you for all the feedback on our Homeownership policy! Your input is invaluable, and we are currently reviewing your suggestions.
Our vision is to ensure a safe, comfortable, and affordable home for every household. This policy outlines settle’s responsibilities toward service charge-paying freeholders, leaseholders, and shared owners to ensure a consistent management approach across these tenure types.
Here's what we heard:
A recommendation that settle should provide a maintenance/repair service to leaseholders for a monthly fee
Unjust that shared owners only own a share of the property but are responsible for 100% of the repairs
As a shared owner there are no benefits apart from high rent and high service charges that increase every year, and are significantly higher than other renters with no options such as discounted repairs
We are now reviewing all feedback and revising the policy based on what you said and will publish the updated version with all your thoughts included soon.
We aim for the policy to reflect residents' priorities.
Follow this project to stay informed at the bottom of the page and be the first to know!
Thank you for joining us!
The Homeownership Policy is a crucial document that impacts all our freeholders, leaseholders and shared owners.
Update:27th August
Thank you for all the feedback on our Homeownership policy! Your input is invaluable, and we are currently reviewing your suggestions.
Our vision is to ensure a safe, comfortable, and affordable home for every household. This policy outlines settle’s responsibilities toward service charge-paying freeholders, leaseholders, and shared owners to ensure a consistent management approach across these tenure types.
Here's what we heard:
A recommendation that settle should provide a maintenance/repair service to leaseholders for a monthly fee
Unjust that shared owners only own a share of the property but are responsible for 100% of the repairs
As a shared owner there are no benefits apart from high rent and high service charges that increase every year, and are significantly higher than other renters with no options such as discounted repairs
We are now reviewing all feedback and revising the policy based on what you said and will publish the updated version with all your thoughts included soon.
We aim for the policy to reflect residents' priorities.
Follow this project to stay informed at the bottom of the page and be the first to know!
Homeownership Policy Review has finished this stage
This policy will be open for contributions on the 5th August.
Open
Homeownership Policy Review has finished this stage
This policy is open for contributions until 21st August.
Under review
Homeownership Policy Review is currently at this stage
We are no longer accepting feedback for this policy and it is now under review. The project team will share the updated review soon.
Final review published
this is an upcoming stage for Homeownership Policy Review
The final outcomes of this policy review are published here. This includes a summary of all contributions collected from residents as well as recommendations for future action.
