Will increased flexibility lead to a rise in Shared Ownership?

Will increased flexibility lead to a rise in Shared Ownership?

In this speed read we look at Shared Ownership

  • Just 1.3% of all home owner households in England currently live in Shared Ownership, an estimated 202,000 households.
  • Under Shared Ownership, eligible purchasers part-buy (usually 25%–75%) and part-rent their property, with the option to increase their ownership share over time, a process called staircasing.
  • A new model of Shared Ownership was outlined by the government in April, designed to enhance the affordability of the scheme. Rising property prices, escalating deposits and the end of Help-to-Buy in 2023 may well see more aspiring homeowners opt for this method.
  • Shared Ownership schemes operate in each of the devolved nations. Eligibility criteria and the nuances of how the schemes operate varies between them.
  • Source: Dataloft, English Housing Survey, 2021


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