FairShare rents are changing from 1st May, 2018

FairShare rent is currently set at 1% per annum for the first two years; 1.75% per annum for years three and four; and 2.5% per annum from year five onward (subject to annual review). All new applications received from 1st May 2018, will be subject to a flat rate FairShare rent, set at 2.5% per annum from year 1 onward (subject to annual review).

Property eligibility criteria are changing from 12th April, 2018

The eligibility criteria for the type of properties which may qualify for help under the Fairshare scheme have changed. From 12th April 2018, only new-build properties will be eligible for the FairShare scheme.