Open Market Shared Equity (OMSE) administrative procedures: 2016

Footnotes

1 An apartment is classified as any habitable room, but does not include kitchens, bathrooms, box rooms, utility rooms or hallways. Glass conservatories do not qualify as an apartment

2 Sellers do not need to provide a Home Report if their property is classified as either 'new housing' or 'newly converted premises'. New housing includes homes that may be sold 'off-plan' to the first purchaser or sold to the first occupier. And newly converted premises means a property which is being, or has been, converted to a home if it has not previously been used in its converted state.

3 These are illustrative figures and may vary from time to time.