shared ownership
noun[U]
UKuk/ˌʃeəd ˈəʊ.nə.ʃɪp/us/ˌʃerd ˈoʊ.nɚ.ʃɪp/asystemin which apersonwholivesin ahouseorflatbuyspartof it andpaysrenton therest, usually to alocalauthority(= thegovernmentof atown,city, orlocalarea):
Sharedownershipreally onlyworkswhere thepurchaserexpectsthatfuturesalaryincreaseswillallowthem toeventuallyown thepropertyoutright.
Onlykeyworkersand otherbuyersusingsharedownershipschemessawareductioninduty.
- Morehomesforsaleandsharedownershipare also beingprovidedin anattempttopromoteamixtureofincomeson theestate.
- Shelaunchedyetanothersharedownershipscheme,designedtoencouragethe lesswell-offon to thehousingladder.
- Governmentsupportforsharedownershipschemeshasreceivedacautiouswelcome.
Having and owning - general words
- acquire
- acquisition
- attachsomethingtosomething
- be endowed withsomethingidiom
- bear
- bearer
- carry
- claim
- holder
- lay
- lord/master/mistress/king/queen of allyousurveyidiom
- makesomething(all)yourownidiom
- mistress
- not/never want for anythingidiom
- revert
- revert tosomething
- stakesomethingout
- survey
- they've
- want