Vistry partnerships CEO urges government to adopt DIY shared ownership scheme for new builds

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Source: HM Treasury / Flickr

Stephen Teagle says budget must include initiatives to support home ownership

The chief executive of Vistry’s partnerships business has urged the government to introduce a Do-It-Yourself Shared Ownership (DIYSO) scheme for new builds in the upcoming budget. 

Established in the 1990s and replaced in 2009, DIYSO was a part-buy, part-rent scheme under which housing providers purchased homes and sold a share to the buyer.

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