You purchase a home which is discounted by at least 20% of the full market value (this is the case for Fermoy Road, it’s to be confirmed how the model will work for Rathbone Apartments though).
When you sell the property, a discount on the full market value is reapplied, therefore enabling the home to remain affordable to a resale purchaser.
Homes are usually smaller than properties available on the open market, they are built to maximise space through innovative design features such as under floor heating.
You raise a mortgage in order to purchase the property.
You pay no monthly rent, you pay a monthly mortgage and service charge.