The highly regarded social housing team at Spire Solicitors LLP presented a legal introduction for housing associations and other registered providers to the new model lease yesterday.
Providing an overview of the model and the new fundamental clauses, Katharine Chatters, Associate Solicitor, discussed the 1% staircasing schedule, initial repair period schedule, key information documents and policy considerations.
The knowledgeable pair then took questions from the audience, providing further insight and guidance into the new model of shared ownership.
Polls throughout the event revealed that the 61% feel neutral towards the new model lease with only 16% feeling positive towards it. Katharine commented that this “could be due to uncertainty as to how the new model will work in practice and the potential impact that the introduction of First Homes may have on the supply of shared ownership housing.”
The invaluable webinar is available to watch on demand here.
If you would like to discuss any points in the webinar further, please contact our Social Housing team at Spire Solicitors LLP on 01603 677077.
