Shared Ownership

(asked on 24th June 2019) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment he has made of the effect of the Starter Homes programme on levels of shared ownership.


Answered by
Kit Malthouse Portrait
Kit Malthouse
This question was answered on 1st July 2019

Since 2010, we have delivered over 430,000 additional affordable homes to rent and buy. Starter Homes, as defined in Chapter 1 of the Housing and Planning Act 2016, require secondary legislation to further define the product before they are brought to the market. As the Government's Starter Homes programme is not yet in operation, it will have had no effect on the levels of Shared Ownership. In fact, Shared Ownership completions were over 11,000 in 2018 and have increased every year since we started collecting this data


We have been engaging with the industry to ensure the regulations to define Starter Homes are sound and that the product works for all concerned. We intend to lay these regulations before the House later this year.

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