Housebuilder Vistry is proposing a new "choice-based" shared ownership model

The model, which could deliver 30,000 new homes a year, is designed to appeal to the “squeezed middle” of aspiring homeowners, while minimising the need for grant subsidy.  It has a minimum initial share of 60% and rent of 3.5% payable on the investor’s share, both of which are higher than the traditional shared ownership model.  It would require a guarantee plus a 1% equity share from the National Housing Bank to crowd in institutional investment.