Shared Ownership Schemes: Housing Associations
The question
To ask the Secretary of State for Housing, Communities and Local Government, what recent discussions had with housing associations on their responsibilities to shared ownership tenants.
Answered by Matthew Pennycook
My Department engages regularly with housing associations about their duties in respect of shared ownership properties.
The new Social and Affordable Homes Programme places new expectations on shared ownership providers to improve customer experience. These include giving greater consideration to long-term customer affordability and increasing transparency and fairness on costs.
The majority of Shared Ownership providers are registered with the Regulator of Social Housing and are required to meet applicable regulatory standards, including relevant consumer standards relating to transparency, influence, and accountability.
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