Intermediate housing for sale - Subsidised Shared Ownership

Intermediate housing for sale helps households who can afford a small mortgage, but are not able to afford to buy a property outright, to become homeowners. There are two broad categories of products that are available that fall within the broad definition of intermediate housing for sale, which depend on whether the rental discount is being delivered with or without public sector support. Subsidised Shared Ownership (SSO): Consists of shared ownership housing provided through a registered housing association (e.g. the Northern Ireland Co-Ownership Housing Association). The property is split between part ownership by the householder and part renting from a RHA. The proportion of property ownership and renting can vary depending on householder circumstances and preferences. It is made available to qualifying applicants based on a series of criteria.