Decision details

To approve the updated Shared Ownership Sales Policy and staircasing Policy, which outline our approach to the sale of shared ownership homes, currently delivered, administered and managed by Cheltenham Borough Homes (CBH) on behalf of the council (CBC).

To ensure our policies remain in accordance with the stipulations as set out in the Homes England capital Funding Guide. This will ensure that grant funding can be made available via Homes England's Affordable Housing Programme 2021-26 for shared ownership homes, delivered by CBC via CBH, on land-led sites.

The updated policies also remove any reference to Help to Buy as it no longer exists. These administrative functions will currently be undertaken by CBH on behalf of CBC.

CBC housing development programme, currently led by CBH on our behalf, plans to deliver a step change in the provision of new homes in the borough across a variety of tenures. This includes a range of developments including land-led developments on CBC-owned assets, acquisition of land and development, and homes secured via S106 agreements. As part of the development programme, a number of schemes will provide shared ownership homes available for sale providing choice and promoting sustainable mixed communities.

None - there is the requirement to have an up-to-date policy to reflect the current guidance and legislation.