Shared Ownership Schemes
The question
To ask the Secretary of State for Housing, Communities and Local Government, what assessment her Department has made of the potential implications for her policies of the recommendations set out in the Fifth Report of the Levelling Up, Housing and Communities Committee on Shared Ownership, Session 2023-24, published on 26 March 2024, HC 61.
Answered by Rushanara Ali
Shared ownership has an important role to play in supporting households into home ownership who would otherwise struggle to purchase a property on the open market that meets their needs.
The Government is aware that some people who have entered shared ownership have faced significant challenges with their properties and there is ongoing consideration of what more can be done to improve the experience of shared owners, including consideration of the former Levelling Up, Housing and Communities Select Committee’s report recommendations on shared ownership.
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