PARLIAMENTARY WRITTEN QUESTION
Shared Ownership Schemes (9 July 2014)

Question Asked

To ask the Secretary of State for Communities and Local Government, what steps his Department is taking to identify the barriers which prevent tenants in shared-ownership properties from staircasing up to increase the share of the property that they own.

Asked by:
Tim Farron (Liberal Democrat)

Answer

The Government is committed to helping people meet their aspirations to rent or own their own homes through current affordable home ownership schemes, including shared ownership and Help to Buy. Shared ownership continues to be an extremely popular and effective way of helping households who are priced out of the housing market to get on the ladder. We are open to representations on any practical steps that can be taken to promote such schemes.


Answered by:
Sir Brandon Lewis (Conservative)
17 July 2014

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