Crossword Genius

Possess new shelter (5)

Ross

I believe the answer is:

haven

'shelter' is the definition.
(I know that haven is a type of shelter)

'possess new' is the wordplay.
'possess' becomes 'have' (synonyms).
'new' becomes 'n' (common abbreviation eg NT for New Testament).
'have'+'n'='HAVEN'

(Other definitions for haven that I've seen before include "Place of safety or sanctuary" , "Place of shelter" , "Safe harbour" , "Small port, refuge" , "Sheltered port" .)

I've seen this clue in The Times.
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