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Glossary


English Partnerships

The National Regeneration for England. Charged with delivering high quality sustainable growth in England.

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Equity Loan

Additional funding which runs alongside a conventional mortgage in an open market homebuy arrangement. One proportion is provided by a mortgage lender, another proportion by a homebuy agent.

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Homebuy Agent

Local organisation that handles and allocates affordable housing.

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Keyworker

Key public sector worker such as nurses, teachers and police officers. Applicable occupations vary depending on which area of the country there is a need for that occupation.

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Registered Social Landlord

An organisation that rents affordable housing in a local area.

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Right to Acquire

A scheme giving eligible tenants of registered social landlords the legal right to buy the home they currently rent.

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Staircasing

Process through which a shared ownership buyer can acquire an additional proportion of a property.

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