How will this affect people looking to buy a home?

A:

It will give different options for financing their loan. What is meant by this?

It will provide affordable purchase options that are currently lacking and make it easier for households to move from renting to owning. It is an intermediate tenure form that can help people into the market without placing them in housing stress. In current shared equity schemes, many households have been able to sell after a few years and move into the open market.

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