If a social tenant buys a share in their home under Social HomeBuy, he or she is generally responsible for all the costs of maintaining it. The extent of their liability for maintenance and for service charges will be set out in their shared ownership lease prior to completion of the sale, and local authority and housing association landlords may decide to share the costs of maintaining properties sold under Social HomeBuy.
The table shows the number of affordable homes by local authority in the South West for which allocations of grant were given by the Homes and Communities Agency to registered social landlords to purchase unsold developer stock in 2008-09:
Sponsor local authority Number of units Bath and North East Somerset 5 Bournemouth 36 Bristol 301 Caradon 24 Carrick 18 East Dorset 13 Gloucester 40 Kennet 52 Kerrier 20 Mendip 54 Mid Devon 27 North Cornwall 18 North Devon 40 North Somerset 150 North Wiltshire 188 Plymouth 64 Purbeck 6 Restormel 76 Sedgemoor 18 South Gloucestershire 132 South Hams 18 South Somerset 7 Stroud 43 Swindon 75 Taunton Deane 15 Teignbridge 7 Tewkesbury 10 Torbay 14 Torridge 71 West Devon 79 West Dorset 46 West Somerset 16 West Wiltshire 82 Weymouth and Portland 4 Grand total 1,769