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This paper aims to assess financial interoperability implications associated with first-time buyers (FTB) in housing development and the role of the community land trust shared equity housing model (CLT SEHM).

The interoperability optimisation process adopted by this study involved triangulated findings from the literature, semi-structured interviews and questionnaire surveys. The text analysis of interview responses was actualised with Nvivo 9.0. This process informed the validation of themes through a questionnaire survey (purposive sampling), of which findings were subsequently analysed with statistical methods including binary logistic regression to validate interoperability rational and implications.

The study identified positive financial interoperability outcomes for a successful synergy between the CLT SEHM and FTBs. From the analysis, there were sustainable results for average income multiple and property transfer/resale value for the CLT SEHM compared to conventional models. However, for the most at risk FTB groups, recommendations included increased concessions for CLT SEHM developments to incentivise bespoke rent purchase hybrid schemes.

This research provided a good starting point for achieving an improved level of efficiency necessary for the introduction of emerging/renewed alternative housing models into mainstream operational capabilities in housing and local development policies.

The aim of this study is to define land use policy sources of barriers to community-based housing options in practice.

The paper accentuated the need to tackle land use sources of barrier to Community Land Trust (CLT) performance, through text analysis of semi-structured interview responses from key stakeholders.

This study found out that there is a need to ameliorate stakeholder approach to community-based housing (CBH), which is hampered by restrictive land use sources of barriers that occur in an urban and rural context. These barriers were found to include both planning inadequacies and a systemic inefficient network of knowledge transfer practices between stakeholders. Recommendations include the need for drastic policy intervention through the political willingness to address Section 106 shortcomings in the choice of affordable housing supply models, and the inaccessibility of land below market rate in an endogenous prescriptive planning system.

This paper highlights the subjective limitations of the CLT model in regards to grey areas between setting boundaries to what is an acceptable level of concessions to CBH and the socio-economic impact or benefits of a completely deregulated social housing system. These boundaries do vary from system to system, hence the need for UK housing institutions to address identified inherent barrier sources and their reconciliation with international best practices. Therefore, greater roles can be accorded to the CLT model in the UK affordable housing dynamics based on its confirmed strengths and merits.

This paper adds to literature through the practical identification and interpretation of various key stakeholder perspectives on sources of CLT barriers and an idealised strategy to tackling them accordingly. This contributes to the housing affordability debate on the viability of CBH options, and how it could be invariably hampered by direct and indirect effects of planning and restrictive land use policies in practice.