Home Ownership(HO)

The scope of Home Ownership includes all aspects of the legal ownership of a home, such as the ability to rent, sell, refinance, or make improvements to the property. This includes the responsibility for paying all associated costs and taxes, such as mortgage payments, property taxes, and insurance. HO also includes the right to use the property for any lawful purpose, such as residential or commercial use, or as an investment.

The UK government encourages Home Ownership through various initiatives, such as the Help to Buy scheme, which assists first-time buyers in getting on