New shared ownership housing business launched

QSix, a specialist real estate asset manager, has launched a new housing business to develop a range of new build family homes available both for rent and shared ownership.

The business – called Rezide - is set to develop two, three and four bedroom properties, working in partnership with home builders, institutional investors and other key housing stakeholders to increase the supply of affordable homes across England.

The firm says its rented properties will be available on a range of tenancies designed to offer choice, value for money and flexibility to the families that live in them. Rezide says it hopes that its renting customers will also have the ability to buy a share of the home they live in at some point, should they choose to do so.

Rezide says: “With the current Help to Buy scheme winding down and fresh doubts over the new replacement scheme, home buyers who would not otherwise be able to afford to buy a new home will be able to do so with Rezide. This will give customers the opportunity to buy a share of their family home, with lower mortgage borrowing requirements and lower rent (for the portion not owned) …