For OCC to dispose of flats 1-17 at Plough House, Between Towns Road, Oxford OX4 3ET and 36, 37 & 38 Between Towns Road, Oxford OX4 3LZ under the terms of a shared ownership lease, having first purchased the homes back from OX Place, by divesting a percentage share to an eligible purchaser who will enter into a shared ownership lease with OCC.

This is in line with the OX Place business plan and subsequent to an authorised agreement to sell the properties back to OCC prior to OCC selling on as shared ownership.

There is a separate agreement outlining the detail of the buy-back of the properties by OCC from OX Place.