What is a mixed-tenure development?

A mixed-tenure development refers to a project that integrates various types of property ownership and rental arrangements within a single development. This can include leasehold properties, freehold homes, shared ownership units, social rented housing, and privately rented accommodations. The primary objective of such developments is to create a diverse community that caters to a broader range of socioeconomic groups and housing needs.

By offering different tenures, mixed-tenure developments can promote social inclusion and affordability, allowing people from various financial backgrounds to reside in the same area. This approach not only enriches the community fabric but also addresses housing shortages and variances in demand across different income levels.

The other options present a more limited scope of development types and do not capture the essence of mixed-tenure concepts. Single-type housing developments, whether leasehold or freehold, focus on one form of ownership, while a development exclusively for social rental properties does not facilitate diversity in tenure. Similarly, restricting ownership to leaseholders negates the inclusiveness that a mixed-tenure approach aims to achieve.