Shared Ownership Schemes
(asked on 28th March 2023) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, what steps his Department is taking to support shared ownership homeowners.
This question was answered on 17th April 2023
As set out previously the Government is taking numerous steps to support shared owners. For example, in April 2021, we introduced a new model of Shared Ownership.
Following discussions with the sector, we are pleased that the majority of providers have confirmed that they will voluntarily limit Shared Ownership rent increases to no more than 7% in 2023-24.