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Jersey Homebuy: a new form of shared equity housing

DepartmentEnvironment
Start date30/01/2008
End date26/03/2008
Type of consultationOther
Deadline for comments26/03/2008

About the consultation

The Jersey HomeBuy consultation paper sought public opinion on the proposal to introduce a form of ‘shared equity’ housing. The consultation report proposed:
  • the need for new forms of affordable housing, in addition to social rented
  • housing
  • a framework to introduce a scheme called ‘Jersey HomeBuy’, which would make first time buyer homes available to qualifying purchasers at a 35% discount
  • the Island Plan 2002 be amended to enable the application of the Jersey HomeBuy approach on the remaining allocated H2 housing sites
  • qualifying purchasers would be identified by the Minister for Housing, having regard to the applicant’s financial resources
  • the discounted percentage becomes payable to a recognized provider of affordable housing when the purchaser sells the property, to be re-invested into affordable housing provision in Jersey

How to submit comments to the consultation

This consultation is now closed to comments.

Responses to the consultation

The key points and questions raised as a result of the consultation were:
  • 74% of respondents supported the principle of Jersey HomeBuy
  • 13% were not in favour primarily because of the potential to interfere with housing market
  • 13% raised technical points over how the scheme would work
Download responses to consultation on Jersey Homebuy scheme (size 95kb) 
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