Saturday, Feb 10, 2007
Joseph Rowntree on homelessness initiatives
Firstrung: Flexible tenure scheme could cut repossessions in some housing associations
Figures out this week have shown a 65% increase in house repossessions since 2005 but a new paper from the Joseph Rowntree Foundation (JRF) shows some of these might have been prevented. Flexible tenure gives those in shared ownership schemes the chance to decrease, or increase, the share in the property they own if their personal finances change. Examples of how this is working are featured in the paper, which is based on case studies within the Joseph Rowntree Housing Trust (JRHT).
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