Giving local people affordable homes
You may have noticed that some of our homes have a Section 106 agreement.
The local authority sets a section 106 agreement, this agreement can outline that a local connection is required to the development.
We have compiled some information below to help explain what a local connection means and how it affects purchasing a home through us.
What is a local connection?
A local connection criteria, which forms part of the section 106 agreement, means that you may have a local connection to the area via the following:
- Currently living in or have previously lived in the local area
- Have family in the area
- Have a permanent job in the area
Armed forces personnel may be exempt from local connection criteria, please contact our sales team for more information.
Why do I need a local connection?
A local connection criteria is a condition set by the local authority to ensure that local people are given affordable homes first, rather than people who are new to the area.
Each local authority will have its own criteria which must be evidenced when applying for one of our homes, this can be found in our brochures.
Does this apply to all SO Living schemes?
Whilst most of our developments in Cornwall have a local connection criteria, some of our homes in Devon, including resales, do too.
If the advertised home requires a local connection, this will be stated as a requirement in the brochure and on the relevant scheme page on our website.
Are there any other restrictions with a section 106 agreement?
The section 106 agreement may apply other restrictions to the development. These other restrictions can include restricting the maximum number of shares which can be purchased and the maximum number of bedrooms that you can have, depending on your current housing need.