While you are building new homes; am I covered for current rent income?

A:

The proposed Share-Ownership and Share Equity scheme offered under the Council key guarantees are only available to resident homeowners. These offers are not available to non-resident homeowners. We simply purchase the non-resident homeowners property at a market value plus 7.5% ‘homeloss’ payment. We will not be compensating you for any loss of rental income.


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